How Endowments Work
Perpetual giving where you want to make it count.
An endowment is a gift made in your lifetime or bequeathed in your will which will last in perpetuity. The gift is invested and only the income from the fund is used for the purpose you designate.
* An endowment can help attract and keep excellent students who in turn contribute to the enhancement of the surrounding community.
* An endowment ensures that your own long term values and beliefs are maintained and shared with others in the future.
* An endowment becomes a financial cornerstone of the University College. Income from an endowment provides both security and independence because it is available year after year, regardless of economic fluctuations, political changes or donations variations.
* An endowment can be named, and thus becomes a special way of creating a permanent remembrance for a loved one.
What Endowments Can Do
Student Aid
* Scholarships and bursaries award academic excellence or address financial needs through your generosity.
* A minimum of $20,000 will generate approximately $1,000 every year which can be given to a deserving student, encouraging academic excellence or providing financial support to help with their studies.
Program Enrichment
* You can establish an endowment for the support of a particular academic program. The interest income generated will provide funds year after year.
* Your endowment of $500,000 will provide approximately $25,000 per year which can be used to benefit an entire program.
* It can help to support a visiting professor or a nationally recognized scholar to lecture at The King’s University College for a semester.
* It can help to meet technology and curriculum needs in a program not presently funded.
* It can be used to supply new books for the King's Simona Maaskant Library on a continuing basis.
Research Endowment
* Your appreciation for a particular field of learning, whether it be music, literature, environmental studies, education, or chemistry will benefit the entire community through support of research projects funded by your endowment.
* An endowment gift of $250,000 will generate income of approximately $12,500 every year to support an academic and scholarly project which can have life-changing implications for society.
* It can help the science faculty and students contribute expertise to international projects on cattle breeding in Kenya, medicinal plants in Eritrea, or arsenic contaminates in drinking water in Bangladesh.
* It can provide new equipment to help understand the genetics of human eye development, measure metals in the environment or measure light curves from binary stars.
* It can assemble a superb harpsichord for our musicians or allow recordings of world class music by faculty and students.
The choice is yours to make!
Ways to Give
Endowment gifts can be cash, stocks, bonds, mutual funds, real estate or personal property. You may choose to include The King’s University College in your will, or name The King’s as an owner and beneficiary in a life insurance policy. You may contribute to an existing endowment or create a new one. Your gift is a commitment to the mission of the University College and an investment in the future of our students.
To find out more about how you can include The King’s University College in your endowment plans, a personal, professional and confidential visit, with no obligation, can be arranged at your convenience.
For more information about how you can support students with scholarships and bursaries or other planned giving opportunities, please contact:
Dr. Michael Ferber
Director of Development
780.465.3500 ext. 8130
michael.ferber@kingsu.ca
Shannon Tuininga
Associate Director of Development
780.465.3500 ext. 8075
shannon.tuininga@kingsu.ca