When you establish or contribute to an endowment, your donations can be directed towards specific areas of need, including, scholarships, bursaries and awards, library collections, academic programs and other priorities.
You can establish an endowed fund as a named gift to honour or recognize and individual, corporation or association. With an endowed fund, the principal of your gift remains intact and is invested in perpetuity, a portion of the interest earned on the gift is used each year. These gifts are spent according to the terms established by the donors and continue to pay out in perpetuity.
For more information about endowments, please contact Kari Shannon at email@example.com or 902-457-6764.