Endowment Gift
A Gift that Lasts: A gift to George Fox University’s endowment is one of the most powerful ways you can make a lasting impact. Your gift to the endowment can fund a scholarship, enhance a department or program, or serve the future strategic needs of the university.
You enjoy several benefits with an endowment gift
- Establish an endowment during your lifetime and see the impact each year
- Benefit from an income tax deduction in the year you make your gift
- Avoid capital gains tax on an endowment gift of appreciated property
How an endowment gift works
- You make an initial gift to create an endowed fund.
- You name your fund to create a legacy, honor a loved one, or state its purpose for future generations.
- The assets in your endowment are invested to earn income.
- The income is distributed annually to achieve your desired impact.
- You can add to your endowment at any time either through a gift today or an estate plan tomorrow.
Endowment gift video
Income distributed from your endowment
At the time you create your endowment, you sign an endowment agreement that details the scope and desired impact of your endowment funds. Your funds will generally be invested to produce stable, predictable growth. Each year, a set percentage of your endowed funds will be distributed according to your endowment agreement.
Contact Us
If you have any questions about endowment gifts, please contact us. We would be happy to assist you and answer any questions you might have.
