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An endowment is a time-honored method of allocating gifts to provide an annual stream of support. They can be created with an outright gift or a deferred gift such as a bequest. An Endowment is a fund whose principal is invested and held in perpetuity. Earnings are used for the established purpose of the endowment, with some portion reinvested as a hedge against inflation. Endowments can be created to provide scholarship, recognition awards, and academic or other kinds of college support. You may create an endowment in your name, or to honor a loved one. Many endowment options exist at Keene State. The needs are varied; therefore, an endowment in any of the following areas are welcome. However, endowments need to reach the following levels before any distributions are made:
Recognition Award - $15,000 Scholarship - $20,000 Building Component - $20,000 Lectureship - $25,000 Student Fellowship - $25,000 Faculty Fellowship - $250,000 Professorship - $500,000 Faculty Chair - $1,000,000 For more information, contact the Advancement Office at 603-358-2372.
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