Establishing an Endowment
Endowment gifts to Angelo State University help the university secure support for the future while providing funds for today. Endowment gifts are accepted and managed by the Angelo State University Foundation in perpetuity. A portion of the investment earnings is spent while the original gift is preserved as principal. This ensures that the endowed gifts have a greater earning power and will last forever. A strong endowment also allows the university to recruit superb faculty and students while building programs to enhance enrollment.
Donors are able to determine how they want their investment earnings used at the university. Many endowments help serve one of these purposes:
- Start a new academic program
- Create a professorship
- Contribute to construction costs
- Provide student scholarship support
The Office of Development and Alumni Relations will provide a formal gift agreement for donors. Typically, endowments are named after a donor or according to a donor’s wishes.
Endowments can be made from a:
- One-time gift
- Pledge over a period of time
- Planned gift