Continue the Legacy: Endowments
Endowment gifts are especially appreciated by Adler University. When you create an endowed fund, or when you add to an existing endowed fund, your gift benefits the University 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 Adler University’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.
Dr. Joyce and Dr. Gary McKay wanted to make their gift in honor of Harold and Birdie Mosak, and the impact the Mosaks made on their personal lives as well their professions.
They decided to continue the legacy of “educating for change” by creating an endowed fund to benefit to the Harold and Birdie Mosak Library campaign through a life-income gift.
A strong endowment is essential in the University’s ability to graduate socially responsible practitioners, engage communities, and advance social justice. Learn how to endow your gift and create your legacy with the Adler University.