Operational and annual support is critical to the University, but legacy gifts, or major gifts, are contributions that are typically the most significant (and often largest) financial contributions that an individual, foundation or corporation will choose to make. At Waynesburg, the University considers a major gift one that would be large enough to create an endowment, or $20,000, which can be pledged over a 4-year period.
There are many ways to leave your family legacy at Waynesburg, including endowments and non-endowed gifts.
Endowments
Endowments are storytellers. Attaching your family name and legacy to your gift allows your Waynesburg story to be shared with future generations of students. Endowments are invested through the University and provide a student, program or fund with an annual contribution in perpetuity. Rather than needing to be replenished each year, once established, the endowment will forever benefit the University.
Non-endowed Gifts
Non-endowed funds have no permanent principal balance and are immediately available to distribute to support students or programs at the University. They are in essence a short-term opportunity for support, and are often the best way to impact the life of a student or help the University build a program or curriculum. While these gifts are spent to zero and not invested, non-endowed gifts help drive the University’s mission at a critical time for higher education.
Other major gift opportunities include:
- Stocks or Mutual Funds
- Bequests or Planned Gifts
- Income Producing Gifts
- In-kind Gifts
If you have questions about major gifts or would like additional information, contact Dave Floyd, Director of Development and Alumni Relations, at dfloyd@waynesburg.edu or 724-852-7725.