Endowed gifts last in perpetuity to ensure the College of Arts and Sciences’ future. The principal of your gift is invested and the earnings generated are used to fund the academic purpose of your choosing.
- The minimum amount to establish a named endowment is $30,000, which can be paid over a period of years.
- Endowments may be named in honor of the donor, a loved one, favorite professor or another individual.
- Funds may be created for scholarships, fellowships, professorships, lectureships, library acquisitions, academic chairs, programs, research or any other educational purpose.
Honor Someone with an Endowed Gift
Creating an endowment to recognize a favorite professor or remember a loved one is an ideal way to establish a legacy for someone in perpetuity.
The minimum gift required to endow a named fund at Florida State is $30,000. Many people choose to complete their pledge over a period of years, for example $5,000 a year for six years. Or the endowment can be funded with stock or appreciated securities.
Once $30,000 is received, the funds are invested by the FSU Foundation, and only interest generated from the principal of the endowment funds the program or department of your choice.