CREATE AN ENDOWMENT
- Donors may create or endow a number of different types of funds that they may name after themselves or someone they wish to honor. Scholarships, chairs, departments and special purpose funds are available.
- The donor may accumulate gifts toward the endowment minimum. Planned and estate gifts may also be used to create endowed funds.
- Named Scholarships may be endowed with a gift of $25,000 (or with a multi-year pledge to establish an endowment of $25,000 or more).
- Academic chairs and professorships may be established with a gift of $500,000. A department or program can be endowed with a gift of $1,000,000.
- Donors may accumulate gifts toward endowing a chair, professorship, or department with an initial gift of $100,000.
PARK FUND - UNRESTRICTED GIVING
Your contribution to The Park Fund provides unrestricted and budget relieving support for the general operating budget of the University. Giving to Park University is an investment in the continued growth of the University and insures that others - students, parents, faculty, staff, and friends - will have those same experiences.
Many donors prefer to support specific programs and projects at the University. These gifts, known as annual restricted gifts, enable the University to provide opportunities for students and faculty that otherwise would not be possible.
ESTABLISHING AN ENDOWMENT OR SCHOLARSHIP FUND - RESTRICTED GIVING
One way that you can elect to leave a legacy is through the establishment of an endowed fund, a fund where the corpus (initial investment) remains untouched, while earnings from the previous fiscal year are spent on the designated purpose (approximately. 5% of the corpus). Endowments may be created to support scholarships, academic programs, professorships, and facilities.