Building a Stronger Westminster College

"An investment in the endowment is an investment in the future of Westminster College."

"The support of our alumni and friends can help make our vision for the future a reality."

- Gloria C. Cagigas
Vice President for Institutional Advancement



What is an endowed gift?

What is an endowed gift?

An endowed gift is one in which the funds are invested, along with other such gifts, and only investment returns are utilized for the donor's stated purpose. Annually, Westminster spends five percent of the three-year average market value of combined endowed funds for these designated purposes. Since investment returns have historically provided more than this amount, the excess is reinvested. As a result, the values of the funds grow and keep pace with inflation. Common examples of endowed gifts are scholarships, professorships, and programs. Collectively these gifts form our endowment.

Cash (current) gifts provide an immediate boost to endowment. Earnings from endowment funds provide income to assist with College operations and additional resources to be used to educate our students.

Planned (future) gifts afford Westminster a sense of financial security... funds for educational programming and financial aid for future generations.

Westminster Today and Tomorrow — When is the right time to establish an endowed fund?

Westminster Today and Tomorrow — When is the right time to establish an endowed fund?

Some donors prefer to establish endowed funds while they are living so that they can enjoy watching the funds grow and see "first-hand" how their investment benefits the College.

Some donors prefer to establish endowed funds through their estate plans.

Some do both. They establish an endowed fund today and provide for additional funding through their estate plans.

What are the advantages of endowed gifts?

What are the advantages of endowed gifts?

An endowed gift is placed in a permanent fund and the income is used for the restricted purposes as determined by the donor. The donor has the satisfaction of knowing that a permanent gift has been made to the College which, in perpetuity, will be used for the specific purpose of their choosing. Additionally, the donor has the privilege of naming the gift to honor a family member, a friend, a special faculty member or themselves.

Named gift opportunities begin at $25,000. Outright gifts of cash or stock may be used to establish named funds. Planned or future gifts, such as a bequest, may also be used to establish an endowed named fund.

Why are endowed gifts so important?

Why are endowed gifts so important?

Endowed funds are invested by the College in a mix of stocks, bonds and cash. The endowment is invaluable because it provides a permanent, stable stream of revenues above those generated primarily from student tuition and fees.

Why create an endowed scholarship fund?

Why create an endowed scholarship fund?

For many of our students, the dream of a Westminster education would never be realized without significant scholarship assistance. The minimum needed to create an endowed, named scholarship fund is $25,000. Payments may be spread over three fiscal years.
Westminster College Endowed Scholarships, Awards, Prizes and Programs

Endowment Opportunities


Click below to view our endowment opportunities.
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