Endowed gifts are an enduring tribute to the beliefs and values of the donor.
Because they may be set up for a specific program and named for an honoree of the donor's choosing, they create a lasting, highly visible link between the individual for whom the endowment is named and the ongoing achievements of the program. See chart below for overview of types of endowed giving opportunities. An endowed fund is a fund whose principal remains intact while each year an annual pay out is made in accordance with the donor's wishes. The portion of the capital appreciation that is not paid out is reinvested in the principal of the fund. In this way, the real value of the fund grows over time and provides ever-increasing support for the program designated by the donor.