|
|
Endowed Giving
| Endowed Gifts |
Establishing an endowed fund is one way to be certain that your generosity will benefit students for generations to come. Your initial investment is placed in the college's endowment fund, which is managed for maximum return, and can be made in one lump sum or in increments over a pre-determined period. A distribution of approximately five percent of the return on investment is used to provide annual monies for scholarships, chairs or even operating expenses. Using only the yield on investment ensures the perpetuity of the original gift.
As the donor, you may establish guidelines for how your gift to an endowed fund may be used. Scholarship guidelines may include students with a demonstrated financial need, a selected minimum grade point average or even those from a geographic location.
Following is a representative list of initial investments and the yield each would produce annually. |
| • |
$10,000 initial investment would yield $500 annually |
| • |
$25,000 initial investment would yield $1,250 annually |
| • |
$50,000 initial investment would yield $2,500 annually |
| • |
$100,000 initial investment would yield $5,000 annually |
| • |
$250,000 initial investment would yield $12,500 annually |
Young Harris College has always admitted academically worthy students from a wide range of backgrounds…students whose ambitions and ability often exceed their financial resources. The very character of the College depends on its capacity to provide scholarship and workstudy assistance to promising students. We are committed to assuring financial aid to those in need. Substantial new endowed scholarship funds are essential to keep Young Harris College affordable.
For more information on Endowed Giving, contact Bert W. Huffman, Vice President for Institutional Advancement at 706-379-5112 or 800-241-3754. |
|
