Endowment gifts are especially appreciated by the Adler School. When you create an endowed fund, or when you add to an existing endowed fund, your gift benefits the School in perpetuity. That’s because endowment assets are carefully invested and managed to ensure that a sustainable amount of money will be available each year on an ongoing basis.
That money can be directed to a purpose you specify. Some endowed funds make distributions for the Adler School’s general use without restriction. Others provide resources for particular purposes, such as scholarships, faculty, and institutional academic and programmatic initiatives. So long as certain criteria are met, an endowed fund can bear your name or the name of anyone or anything whose legacy you want to endure.
Endowment gifts can take many forms. Sometimes they are completed during life through transfers of cash or appreciated property such as shares of stock. An alternative is to establish or augment an endowed fund through a bequest, a beneficiary designation, or some other gift that takes effect once your life has ended. It’s even possible to arrange a gift that benefits you and/or others before becoming part of an endowed fund.
To learn more about endowment gifts, please contact Anthony Chimera, VP for Institutional Advancement at 312-662-4031 or via email.