Endowed gifts are designed to continue providing benefits for many years into the future. Choosing an endowed fund allows your contribution to become a permanent part of the College by providing a stable, reliable source of funding. Your gift is not spent immediately but instead is invested in a diversified portfolio of investments. Each year the account is evaluated and a portion of the earnings is used to fund particular programs or projects (for example, a scholarship) and the remaining portion of the earnings is added to the principal of the endowment. An endowment is a great way to link your legacy with our future forever. If you are considering an endowed gift, we recommend you do so in consultation with your financial planner and/or legal counsel.