Your named endowment allows Eastern to create and maintain excellence in academics beyond what can be accomplished with funding from the state. Your legacy gift provides annual funding for scholarships, fellowships, professorships, academic chairs, libraries and programs that serve as crucial elements in providing a first-class education.
Perhaps the most rewarding aspect of establishing an endowment is that it allows you to directly accomplish your philanthropic goals while helping EWU fund its initiatives. The reasons for creating a named endowment are varied: the satisfaction of supporting academic excellence; the gratification of furthering important research; the pleasure of honoring a spouse, family member or colleague in a way that is meaningful to him or her; or the comfort of memorializing a loved one with a living legacy. Additionally, creating an endowment may result in tax savings and other financial benefits that may enable you to give more than you might have thought possible.
The gift for endowment purposes may take any of several forms. It can be an outright gift of cash, or appreciated properties such as securities, real estate or tangible and intangible personal property acceptable to the Foundation. Endowments can also be created through a gift by will; a charitable trust or other life income plan; retirement plan assets; or an insurance policy.
Eastern Washington University’s development staff is available to assist you in selecting a gift arrangement to best meet your financial and charitable goals.