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.