It demonstrates your depth of concern, and it benefits others by continuing the mission of the GSU Foundation. When your tribute or memorial gift is received, a letter is sent to the person or family in whose honor the gift is made. The amount of your gift is kept confidential and you, as the benefactor, will receive a separate acknowledgment for your records. Endowments - The future as well as the present success of the GSU Foundation and the University may be insured by donors who establish an endowment. An endowment is a fund for a specific purpose as stated by the donor.
Endowments exist in perpetuity because only the income is used.
Endowments are most often used to establish named Scholarship funds, including establishing named University Honors Program Scholarships . See Creating a Scholarship Endowment . Endowments represent an extremely desirable and rewarding gift opportunity. They offer you the satisfaction of knowing that your gift will continue working for generations to come. In addition, an endowment presents the opportunity to memorialize one's own affection for the University, or to honor a family member or other individual who has made a significant contribution.