Endowment Gifts
An endowment gift to CCS is a meaningful way to honor someone and leave a permanent legacy. Endowed funds can be established with a gift commitment of at least $25,000 (payable over a maximum of five years), which will generate funds to support an annual scholarship award in perpetuity.
Gifts from family and friends can be combined and used to create a new fund; the endowed fund requires a memorandum of agreement with a signatory responsible for the commitment.
Endowed Scholarships
Established with a suggested minimum gift of $25,000; the principal value which is never spent and exists in perpetuity. After the minimum gift value is received, a corresponding spending account is then created, and this account supports award distribution in the name of the Endowed Scholarship. Awards would begin to be awarded between 6 and 18 months after the minimum gift value has been received by the College. Donors can direct their endowed scholarship to benefit a particular department or minimum GPA, etc. The principal is never spent and exists in perpetuity.
For more information on creating an endowment or exploring an annual fund please contact the Director of Campaigns and Major Gifts at [email protected] or 313.664.7984.