Endowment gifts may be important, but doesn Northwestern need current funding too?
Yes, of course. Many gifts to Northwestern are made in anticipation of immediate or short-term payout — new facility construction, equipment purchase, feasibility studies, conferences and speakers, for instance. But even short term funds may be invested to increase the value of the original gift. There are some donors who make an annual gift, such as to the Presidential Partners program, preferring to have the entire amount expended each year. The Foundation can accommodate those wishes as well.
