The rest of the investment yield is returned to principal. Thus, over the years, the fund can grow and hopefully keep pace with inflation. Such endowments, which typically bear the name of the donor or donors, reflect your interests and serve as an enduring testament to your generosity. Outright gifts have an immediate impact on UCLA's schools and programs because they can be used to support a variety of current needs. It may be followed by an immediate gift, or it may simply confirm your intention to make a gift in the future.
Many donors choose to complete their gift pledge by making regular payments over a period of time.
This method often allows donors to give more generously than they may have originally considered. Whenever possible, The UCLA Foundation encourages full payment of pledges within five years of the original commitment. Your gift to The UCLA Foundation on behalf of UCLA Extension can allow you to hold an interest in that gift for your lifetime or for a specified term of years. After that time, the funds become available to the University. For example, you can set up a charitable trust that allows you to receive income from that trust for a specified period, or for life.