Creating an Endowment
Endowments are a particularly powerful investment in WSU’s future because they deliver a dependable, perpetual source of funding. The WSU Foundation Endowment is composed of nearly 2,000 restricted funds established by donors for specific purposes, such as named scholarships or professorships. Endowed funds are unique in that the gift is invested. Each year, a percentage of the endowment’s 36-month rolling average is distributed to benefit the University. The rest is re-invested to ensure growth, maintaining the fund’s spending power far into the future. In this respect, an endowment is intended to be a perpetual gift.
For more information about creating an endowment, contact the WSU Foundation at 800-448-2978 or email@example.com. Once you decide to create an endowment, a development professional will work closely with you to help define the features of your endowment to meet both your wishes and the needs of the University.