Endowments

An investment in the future!

An Endowed Fund ensures that funds will always be available—with the stipend paid out of fund income or appreciation.  Endowments are established with the Foundation and held in perpetuity to support various programs at the College.   

Uses: Some Endowments may be used for general purposes while others are restricted to support grants-in-aid, merit scholarships, faculty development or other special programs or activities. The donor determines the purpose, when the fund is established, and criteria.

To Establish an Endowed Fund:

• Minimum scholarship fund amount is $10,000
• Fund may start with $5,000 and build over 5 years
• by making payments to the Annual Fund;
• by making separate gifts to cover the stipend while the fund is growing

• Fund may be set up through a will

Click to download a draft Endowed Fund Agreement

If you are considering such a possibility, or have any questions, please contact: Director of Development, Jessie Stone He at:

(607) 778-5179 or email: stone_he_j@sunybroome.edu