Endowments provide predictable revenue for scholarships, faculty development, instructional support, library acquisitions and campus growth and enhancement. Endowments offer revenue in perpetuity which faculty and staff can use in planning curricula, building program excellence, and increasing access and opportunities for student success. The following describes some of the more common endowment and the minimum amount of support needed to create a named endowment. The donor selects the name of the account. A Memo of Understanding or a letter of transmittal can detail any restrictions or guidelines that the donor wishes to apply to the use of the gift.
Unrestricted contributions are always welcome to meet new and emerging needs.
The Florida Academic Trust Fund provides matching contributions for most private donations through proceeds of the Florida Lottery. All contributions are used for the purpose intended. No gift income or revenue from the endowments is used to support the operating and fund-raising expenses of the Foundation. The Foundation is supported through lease-rental income from its donated real estate holdings. We would be honored to meet with you and discuss the many possibilities for fashioning a gift to Valencia through the Valencia Foundation that meets your philanthropic interests and the needs of the college.