How long does it typically take for endowment gifts to begin to provide funding to the specified program?
Gifts to the endowment begin to generate income the month after they are invested in the pooled endowment. Typically, if directed by the donor, the income is reinvested to increase principal. Payout begins the month after the pledge is complete. For example, a $500,000 gift paid over five years would begin to pay out income the month after the last installment of $100,000 is received. An outright gift of $500,000 would begin to pay out the month after the $500,000 is received.
