Your tax-deductible contribution in the amount of $20,000 or more can be used to create a named endowed fund that will exist in perpetuity, honoring its namesake and benefiting future generations of Elms College students.
These funds can support Elms College as a whole, student scholarships, faculty development, or a specific program. The college invests your gift to generate income that is used both to fund the endowment’s purpose, such as scholarships, for example, and expand the fund for the future.
You determine the name of the fund and how the income will support the college. Endowed funds can be in your name, the name of a family member or friend, or the name of the recipient of the support, such as the Library Book Fund or Maguire Center.
Gifts to the general endowment in amounts smaller than $20,000 are also welcome and encouraged, but Elms College will use these donations at our discretion, and these gifts can not be named.