An endowment is a fund you can create now or in the future to create the enduring impact you envision at the college. The income it generates provides lasting annual support in the area(s) you choose.
Endowment Gift
You enjoy several benefits with an endowment gift
- Establish an endowment during your lifetime and see your impact each year.
- Benefit from an income tax deduction in the year you make your gift.
- Avoid capital gains tax on an endowment gift of appreciated property.
How an endowment gift works
- You make an initial gift to fund an endowment. A minimum gift of $100,000 will establish an endowed fund at Wheaton.
- The assets in your endowment are invested to earn income.
- The income is distributed annually to the area(s) you wish to support at Wheaton.
- You can make additions during your lifetime or supplement your endowment with your estate plan.
- Any Wheaton donor can also make gifts to your endowment to amplify its impact.
Endowment gift video
Income distributed from your endowment
At the time you create your endowment, you sign an endowment agreement that details the scope and desired impact of your endowment funds. Your funds will generally be invested to produce stable, predictable growth. Each year, a set percentage of your endowed funds will be distributed according to your endowment agreement.
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