Gifts to Rhodes’ endowment assure the growth and ongoing success of the college. An endowment enables the donor to leave a personal legacy or recognize a special individual in a meaningful and lasting way. At the same time, it enhances the education of generations of students.
Each endowment gift represents its donor’s intention to provide a stable source of support that reflects his or her philanthropic interests. These generally include scholarships, fellowships, professorships, mentorships, or ongoing needs like a library fund. Endowments can also ensure the continuation of outstanding signature programs, like Rhodes’ interdisciplinary humanities courses, as well as new initiatives.
These outright gifts have the most immediate impact on college needs, and they offer you the greatest tax benefits and savings. You may pledge to make a contribution over a period of several years. Payments can be scheduled to meet your needs. Typically, they are completed within a five-year period. Multi-year pledges may offer significant tax advantages. Please contact a member of our staff for more information.
To estimate the available income generated annually from an endowed fund, approximately five percent of a three-year trailing average is taken. Below is a simplified illustration for an endowment of $100,000.
Our development staff will help you identify an area of need within the four imperatives that most resonates with your interests—such as student fellowships, faculty support, endowed chairs or other areas that support the Rhodes Vision.