How To Establish A Scholarship

It takes a gift or pledge of $25,000 to endow ascholarship fund at Gonzaga University.

Once the fund isestablished, additional gifts of any size may be added at any time.You may also make a gift on-line,toany number of the existing endowedscholarships.

There are many ways to fund an endowedscholarship;such options include cash, securities, gifts-by-will, life incomegifts, life insurance gifts, or real estate and personalproperty.

Gifts for endowment are never spent. Instead,they are prudently invested according to the University's EndowmentInvestment Policy. Each year, approximately five percent of eachscholarship fund's market value is awarded to students according tothe donor's wishes. Any remaining earnings are reinvested in thefund to help assure continued growth.

When a donor establishes anendowment at Gonzaga, that donor has the opportunity to choose aname for the fund that will live on in perpetuity at theUniversity. Donors often choose to memorialize a loved one innaming their endowments. Other donors have established funds thathonor someone special, such as a beloved teacher or close friend.Every year these endowed scholarships are listed in thepublication, "Names That Live."

Many donors choose to leave theirscholarships "unrestricted," meaning that the University has thegreatest flexibility in designating the awards to those studentswith the greatest financial need and academic merit. Occasionallydonors choose to impose certain general criteria for theirscholarship funds. For example, some scholarships are reserved forstudents in a particular field of study or who are from a certaingeographic region. Criteria are broadly defined to assure that allavailable funds can be matched to eligiblestudents.

For more information on how to establish anendowed scholarship at Gonzaga University, pleasecontact:

Major Gifts Office
502 East Boone Avenue
Spokane, WA 99258-0098
509-313-6215
800-388-0881
reese@gu.gonzaga.edu