Giving Opportunities: Endowment Giving

Gifts to Seabury's endowment fund are vitally important to the seminary's long term ability to sustain the high quality of its programs and its capacity for leading edge innovation.

Gifts of all sizes for endowment purposes are welcome. Many donors take advantage of tax savings in their contributions for endowment with cash gifts, gifts through wills or estate plans, insurance policies, securities, real estate, retirement funds, trusts and other financial intruments. (See Lydia Hibbard Society.)

Endowment funds held by educational insititutions are typically those funds where the principal or corpus is held permanently with earnings designated for use as directed by the donor. For example, a $1,000 gift to the general scholarship endowment fund would be permanently held and invested by Seabury with the earnings used each year to support student scholarships.

Posted at January 11, 2005 06:25 PM