Supporting Washburn University through an endowed fund makes a lasting impression on the lives of current and future Ichabods. Endowed funds may be established for the support of scholarships, fellowships, research, professorships, capital improvements or any other educational purpose on Washburn University’s campus.
A donor may endow a fund through either outright or deferred gifts and may name it after themselves or in honor of someone else. Washburn University Foundation will work with each donor to establish an endowed fund and administer it according to the policies approved by the Board of Trustees.
Donors have up to five years to reach the minimum principal amount of $15,000 as required to name an endowment. The Foundation assumes the responsibility of investing these funds and keeping financial and award records. The Foundation maintains the endowment funds in perpetuity and makes the net income available on a regular basis to be distributed according to donor wishes.
An endowed fund can be created through:
• Donating cash;
• Donating securities;
• Creating a planned gift;
• A combination of these options.
To discuss how you can establish an endowed fund to benefit Washburn University contact us.
