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Having highly trained teachers early in life proved critical to my success, and my hope is that my gift will allow Fresno State to continue to educate qualified teachers of the Deaf now and forever. This is my lasting legacy as well as that of my parents. ~Joe Slotnick

Giving Home > How to Give > Endowment Gift

Endowment Gift

You can leave a legacy to perpetually support the causes you love by establishing an endowment. An endowment is a fund you can create now, or in the future, to support what you care about most. The income earned on your endowment will provide lasting annual support to for scholarships, programmatic support, and/or capital projects.

You enjoy several benefits with an endowment gift

  • Establish an endowment during your lifetime and see the impact each year
  • Benefit from an income tax deduction in the year you make your gift
  • Avoid capital gains tax on an endowment gift of appreciated property

How an endowment gift works

  1. You make an initial gift to fund an endowment.
  2. The assets in your endowment are invested to earn income.
  3. The income is distributed annually to achieve your desired impact.
  4. You can make additions during your lifetime or supplement your endowment with your estate plan.

Endowment gift video

Income distributed from your endowment

At the time you create your endowment, you sign an endowment agreement that details the scope and desired impact of your endowment funds. Your funds will generally be invested to produce stable, predictable growth. Each year, a set percentage of your endowed funds will be distributed according to your endowment agreement.

Contact Us

If you have any questions about endowment gifts, please contact us. We would be happy to assist you and answer any questions you might have.