An endowment is an investment in the future. An endowment is an invested gift that generates income to be used, in perpetuity, to support Grambling State University. Because endowments generate funds indefinitely, they are often referred to as “the gift that keeps on giving.” When you establish an endowment, your gift is invested with two goals in mind: (1) to allow the principal to exceed the rate of inflation and (2) to provide additional income for the University purpose you designate.
Endowment income provides security and protection that balances the other sources of income for GSU, which tend to fluctuate such as: tuition, state support, and annual gifts. A steady, increasing endowment income can mean the difference between merely sustaining the status quo or aspiring and achieving new heights of excellence.Endowments are especially valuable and appropriate for supporters who wish to leave a legacy at Grambling State University because they generate funds for a substantially long time.
“Named” endowed scholarships can be established for a minimum gift of $10,000. The interest from this permanent fund will be used to sustain a scholarship to help a student with tuition, books, room, or board. Endowed scholarships can be funded with a single gift or with a pledge, which is payable in (5) years.
Non-Endowed Annual Scholarships
An annual “named” non-endowed scholarship can be established for a minimum gift of $500 per year. The entire amount will be awarded each year.
For more information about endowments, contact Brenda Williams 318-274-6404.
Operating Scholarships provide support for a single year. Unlike endowments, these awards provide one-time, immediate financial assistance for current and prospective students. You may renew your support for a scholarship each year, and you may designate it to specific programs, colleges, or to the President’s Fund for Student Success.