Endowment Fund

GIFTS THAT ENDOW OUR FUTURE

Donors help to create a better future for The Sage Colleges and its students by establishing endowed funds. Once a gift is made it continues to grow in perpetuity. As a permanent fund, often named for the donor or other individual, income from the fund supports the purpose chosen by the donor.

The Development Office will work with each donor to match their gifts with an appropriate division, major, building, etc.

TYPES OF ENDOWMENTS

Column title	Column title
Type	Minimum Funding Level
General Endowment (unrestricted support for scholarships, and academic programs)	$25,000
Named Facilities and Equipment Fund (building maintenance and upkeep, new equipment and equipment repair)	$25,000
Named Scholarship (supports tuition and other educational expenses)	$50,000
Named Research Fund (supports a faculty or graduate student research project)	$50,000
Named Faculty Development Fund (supports professional travel and other activities for faculty)	$50,000
Named Lectureship or Residency (travel and honoraria for distinguished speakers or performers, marketing and related expenses)	$100,000
Named Faculty Fellowship (supports salary, research and travel stipend)	$250,000
Named Professorship (supports salary, research and travel stipend)	$500,000
Named Chair or Distinguished Visiting Professor (supports salary, research, travel stipend, and other professional expenses)	$1,000,000

Contributions for these purposes may be recorded as gifts only if Sage has the final decision as to their disposition or selection of the recipient; any gift requiring donor approval as to its disposition or as to the selection of the recipient, or any gift for which a specific recipient is designated, may not receive credit as a charitable contribution under tax laws.

ESTABLISHING AN ENDOWMENT

To establish an endowed fund, contact Shelly Goldman Black, at (518) 244-2393 or (800) 898-8452. Or email goldms@sage.edu.