Endowments Major gifts may be used to establish endowments. Endowed scholarships, fellowships, faculty fellowships and chaired professorships are in perpetuity. The donor may wish to have an endowment named for themselves or a loved one, or may elect to give anonymously. The donor may direct that endowment to be used for a targeted purpose, or may select from initiatives which are of high importance to the department. Again, many companies will match the donations made by their employees.
Most major donations involve significant tax deduction benefits.
In addition to cash donations, there are creative ways to donate, for example, appreciated stock or make your donation by specifying the department as a beneficiary in one's will. For help in learning more about ways to donate while retaining income from your pledged money, please contact Professor Bergman. Together with a School of Engineering development officer, we can identify the most beneficial way to make giving easy.