Establishing an endowed fund is a wonderful way to partner with Messiah College and create an enduring legacy. These funds provide for:
- Student scholarships
- Endowed chairs
- Service or mission opportunities
- Faculty/student research projects
- Other special initiatives
Only the fund's income or a certain percentage of its value may be distributed each year for its designated purpose. Because principal is not spent, students will benefit from your prudent planning and generosity for generations to come.
Each year, endowed funds supply consistent income to help fund Messiah College's various programs. This regularly enables the College to plan more strategically for the future.
Donor endowed funds at Messiah College are set aside and kept separate from operating and capital fund accounts. Once you enter into an Endowed Fund Agreement, you can be sure that your endowed fund will be secure and that the terms will be carefully followed.
Endowed funds are often named for the person or family who establishes the fund, or for someone they wish to honor or memorialize. In addition, you may tailor the purpose of your endowed fund to benefit a specific area of interest. Donors also enjoy opportunities to correspond and meet with the student or students who benefit from their endowed fund.
How to Fund Your Endowment
Fund It Now
You may establish an endowed fund now through gifts of cash or securities. This option will enable you to enjoy watching your fund grow and benefit current Messiah College students. A minimum contribution of $25,000 is required to establish an endowed fund.
Fund It Later
- If it is not feasible to start an endowed fund now, you may wish to consider these possibilities:
- Make a bequest from your will
- Establish a charitable gift annuity
- Form a charitable trust
- Designate Messiah College as a beneficiary of IRAs or insurance policies
FUND IT NOW AND LATER
You may want to fund your endowment over a period of years and still benefit current students. In this case, your yearly contribution will be split between endowment principal and a current award. For example, if you make a yearly gift of $6,000, $5,000 could go to principal and $1,000 could serve as a current award. At the end of year five, the fund would be fully endowed.