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What is an endowment and how do I create one?

create endowment
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What is an endowment and how do I create one?

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An endowment provides an ongoing source of funds for your designated project. Your gift is invested and only the investment income is used for the designated purpose each year. The minimum gift to create an endowment is $10,000 payable over a five-year period. Endowments can be created for scholarships, fellowships, professorships or for departments or programs.

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