These restricted gifts then are directed to the endowment. The college spends only a portion of the interest earned from these funds. Some of the funds go into bonds and equities, while others will be invested in foreign securities and cast. At the beginning of each fiscal year, the process begins again with the corpus of those scholarships again earning interest which will result in more future scholarship assistance. These needs present opportunities for donors to support an area of interest by making a donation to the endowment.
Donors can choose from a variety of methods to help the endowment grow.
In any of these examples, the donor receives the lasting gratitude of the college and, in most instances, an immediate tax deduction. Donors know that they are benefiting the college while also benefiting themselves. There are many ways to contribute a gift to the endowment. Donors may make immediate gifts of cash, stock or real property that establishes a named prize or scholarship. Some donors may choose to make a planned or deferred gift which will benefit the college at a later date.