The Starr Foundation has given me the opportunity to do this. I was not able to realize my dreams because of financial difficulties and instability in my own home country. Now, as I am part of Central, I thank everyone for giving me this chance, to attend classes, have wonderful friends, and I look forward to my future. The endowed funds mean that up to six scholarships for Central College students will be awarded each year in perpetuity. Within those two gifts lies the basic story of the Central Fund and endowment at Central College.
Endowment is a gift that continues to give to the college.
Gifts to the endowment are invested and only a percentage of the investment income is used by the college on an annual basis. The remained of the investment income is added to the endowment to ensure that the endowment's value keeps pace with today's inflation rates. The Central Fund is an important part of the fund-raising process at Central College. These funds are used to support the annual operating expenses of the college, with much of the financial support received going directly into the scholarship program. Realities in different countries are different.