An endowment provides a perpetual flow of scholarship or operational funding for a specific program. When you use a charitable gift to establish an endowment, the gift is invested with two goals in mind:
The principle is not touched and any earnings over a certain amount are channeled back into the fund to keep it healthy and growing. Well-managed endowments should generate income indefinitely; therefore, they are uniquely valuable to the university.
Endowments begin at $25,000.00
Gifts of this size usually come in the form of a pledge that may be paid over several years.
For more information on establishing an endowment and securing the future of IPFW students and programs Contact Us.