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| Kathleen Walsh ’28 and ’39, accompanied by Mike Lamb, WSU Foundation vice president for planned giving, meets with her scholarship recipients for an afternoon reception. |
There are several options when deciding upon the purpose of your gift. In addition to selecting the type of recipient, you can designate an area of the university close to your heart and when your contribution will begin helping. Your gift can provide immediate or long-term support. For more details, please continue reading.
Funds can be established for immediate or long-term use.
• Current Fund: The entire balance of the fund is available for immediate use. Once the balance of the fund is exhausted, the fund is closed. There is no minimum requirement.
• Endowed Fund: The intention of an endowed fund is that it continues providing support in perpetuity. Once endowed, these funds make annual distributions of 4.25 percent of the five-year rolling average of the fund balance to the program of the donor's choice. Endowed funds provide long-term financial support. The minimum requirement for an endowed fund is $15,000. Some funds require a higher minimum.
Funds created can support students, faculty, staff and programs.
• You can establish scholarships, which provide support for undergraduate students.
• You can create fellowships, which provide support for graduate students.
• You may contribute to faculty and staff support funds which enable the university to attract and retain talented faculty and staff. These funds may supplement the state-supported salary or provide professional development opportunities.
• You may support specific programs of the university.
To request more information about giving gifts to WSU, please complete this form or call (316) 978-3040 or (800) 316-2586.