These friends make an endowment fund gift. The university invests the funds and each year proceeds or payouts are made, as directed by the Board of Trustees, for each of the endowment funds. These payouts are then allocated or used for the purposes directed by the donor. Donors who establish endowment funds often establish them in the name of a loved one or in the name of their own family. They work with the university to design a use for the fund that will closely fit their interests, or best honor those for whom the fund was named.
Most funds support student financial aid.
Others support special continuing educational learning for faculty or some other program or departmental needs. Establishing an endowment fund in honor or in memory of loved ones is a gracious way to celebrate a life into perpetuity, and to help Anderson University students at the same time. Click on this link and ask us about endowment funds . Many friends support Anderson University throughout their lifetime. Some of them find their current resources are limited, but they long to do something even more substantial for students.