– Maya King '21
Strengthening the University with a permanent impact
You can support annual funds and endowed funds with gifts.
Annual funds are for immediate use.
Endowed funds are invested and allowed to grow. This way, the original gift is not spent; instead, only its growth is used.
There are benefits to both types of gifts. For example, a gift to an annual scholarship fund would mean that the entire total of the donation could be awarded right away to students in need. A gift that establishes an endowed scholarship fund would be invested and then a percentage of the growth could be awarded as a scholarship each year forever.
A strong endowment reduces Gonzaga’s reliance on tuition and eases cost burdens on parents and students.
Endowments are funds that live on forever. The original gift is invested in way that provides income that benefits students while honoring donor intent and ensuring perpetual growth of the fund. Only a percentage of the earnings are spent each year, ensuring the original gift lasts forever.
Gonzaga’s endowment funding areas include:
- Academic and Research Awards
- Retreats/Christian Life Communities/Service Projects
- Innovation Funds
- Facilities Support