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Endowment Funds
Endowment funds are permanent, providing perpetual support for the
purpose designated by the donor(s).
Any
size gift may be added to one of our established endowment funds.
With a gift of $20,000 or more, you can create a new endowed fund for supporting
scholarships, academic programs, teaching equipment and supplies, faculty development,
capital improvements, academic chairs or any of a multitude of other
University needs. In doing so, donors typically
recognize themselves, family members, or significant people in their
lives through the naming of the endowed fund and in the case of scholarships help establish
criteria and areas of focus surrounding the interests of the significant
person being remembered. University Endowment is an investment in
the second 100 years of tradition that is Saint Martin's. The gift
does not need to establish an endowed fund all at once; rather, a
restricted fund can be established with an initial gift and then build
to endowed status of $20,000 or more over several years.
What are endowment funds?
Endowment Scholarships
Capital Improvements
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Whether large special
projects such as the new O'Grady Library, athletics field,
or Kreielsheimer Arts Building, or smaller technology and equipment needs
of a particular department, gifts toward a capital |
O'Grady Library,
funded completely by contributions
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 need
immediately impact the quality of education and student programs we offer.
Corporations and individuals can often leverage their gift by making a
gift-in-kind (surplus office furniture or software package, for instance of a
particular product or equipment item that they use in their
business activities but no longer need). |
Program Support
 The
ideas for program support are limited only by your
creativity! Gifts which begin new programs, help take an existing
program to a new level of excellence or provide a short term boost for a
particular effort made by the University (planning for future facilities,
Catholic school recruiting, Academic Presentation Day, etc.) are the
leaven that allows for the creativity of talented faculty, staff, and
students to rise beyond the ordinary.
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Property
Gifts and Gifts-in-Kind
Gifts of highly appreciated
real property can have some of the same advantages as
stock gifts. If you make a gift of the real
property to Saint Martin's University, you can deduct the full
appraised value of the property on the date given (consult your tax
advisor for certain restrictions), avoid capital gain tax, and
the University owes no taxes upon selling |
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the property or putting it into
service. Of course, property gifts and certain gifts-in-kind may
involve such things as appraisals, a review by the gift
acceptance committee, and legal recording of titles, but we can
help the |
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A rental property in Seattle
given to Saint Martin's for
the Library Campaign. |
process along and allow you to
make a significant gift. |
For more information on capital gifts, please
contact:
Stephen McGlone, Vice President for Institutional Advancement or
Gary Mulhall, Director of
Planned Giving
Office of Institutional Advancement: 800-220-7722 or
(360) 438-4366
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