Gifts of Lifetime and Legacy Impact

Sage’s endowed funds support scholarship, fellowships, facilities renovation and maintenance, and outstanding faculty while providing a solid financial footing for the institution.

Sage accepts gifts of any size to its unrestricted general endowment fund or as additions to the existing restricted endowments.

Endowments can be funded through current donations or deferred gifts. The minimum gift for the establishment of a general endowment fund is $25,000 and the minimum for an endowed scholarship fund is $50,000. A payment plan to endow a fund may be established for up to five years and may include estate planning.

Income from new funds is awarded one year after the date of fully endowing the fund. The Finance Committee of the Board of Trustees sets a spendable amount based on a three-year moving average of the history of the fund. Yield above this amount remains in the endowment to protect against inflation and is reflected in the market value.

Minimum
Gift or
Donation
Named General Endowment Fund
· unrestricted support to advance Sage
$25,000
Named Scholarship Fund
· tuition, other educational expenses
· may designate college, school
$50,000
Named Campus Enhancement
· new or existing building/grounds maintenance
· new equipment, repair
· may designate college, school
$50,000
Named Scholarship, Research, or Lecture Fund in Specified Area
· tuition, other educational expenses
· faculty, graduate, or undergraduate research
· lectures, seminars, workshops
· may designate college, school, major
$100,000
Named Resource Fund
· new technology/equipment for a program of study
· may designate college, school, major
$100,000
Named Faculty Fellowship
· salary, research/travel
· may designate college, school, major
$250,000
Named Professorship
· salary, research/travel
· may designate college, school, major
$500,000
Named Chair or Distinguished Visiting Professor
· salary, research/travel, professional expenses
· may designate college, school, major
$1,000,000

A fund may be named in honor of family members, businesses, or to memorialize a loved one.

Endowments help Sage plan strategically for the future. Endowed gifts go directly to support the purpose for which the fund was established without spending the original gift amount. Donors are assured the college mission benefits in perpetuity.

Sage will gladly work with you to plan your endowment giving. Gifts may be given in cash, securities, or estate planning.