An endowment is a permanent gift to the McCoy College. The endowment holds your entire gift in a perpetual fund which grows forever in its ability to contribute to the College and your area of interest, as you specify in an agreement between you and the College. Endowment gifts allow both the corpus – your original gift – and the income the corpus generates to grow. An endowment is a permanent gift that provides one of the most secure sources of future revenue for the College to support outstanding students, stellar faculty, quality research, and innovative programs. Endowments may be named to recognize the donor; to honor a family member; or to celebrate a loved one, mentor, colleague, or dear friend.
Endowments
Gift level
Endowed Chair
$2 million
Endowed Professorship
$600,000
Undergraduate scholarship
$25,000
Graduate fellowship
$50,000
Program Endowments
$50,000
The McCoy College of Business Foundation currently has some matching funds available to donors. Contact our office for more information.
Endowments may be funding in a variety of ways:
• Outright gift of cash
• Gift of cash pledged and paid over a period of time up to five years
• Gift of stock
• Gift through an estate
• A combination of the above
Endowment gifts are tax deductible to the extent allowed by law. Different methods of giving afford different tax advantages. We encourage you to consult with your professional advisor(s) when making any decisions regarding your assets.
