You can create an endowed fund at ASU through the gift of an asset that is invested and managed by the ASU Foundation under a formal gift agreement.
Endowments are a particularly powerful way of supporting ASU. Annual income generated by an endowment provides a continuous, reliable resource stream for the future. Endowed funds give ASU administrators the ability to make and pursue long-range, strategic plans.
Endowments support a wide range of activities at ASU, including:
Because these gifts deliver such powerful and long-lasting contributions, many endowment opportunities also allow you, as donor, to name the faculty position, scholarship or program for yourself or in honor of a special person.
There are a few things to remember about your ASU endowed fund:
We are happy to answer any questions you may have. Contact us at 480-965-3759 or e-mail us at email@example.com.
The ASU Foundation for A New American University invests and manages your endowment principal with a goal to provide sufficient support each year, despite inflation and market fluctuations, to the endowment's designated purpose and that it is able to sustain this level of support indefinitely.
As an endowment donor, you receive an annual report on your endowment's performance, including its market value, distribution to its spending account and the impact of your investment. The net return on your endowment principle is the total of interest, dividends, realized and unrealized gains (or losses) less the related institutional expenses for the fiscal year.
Our spending and institutional expense policies are determined by the Investment Committee of our Board of Directors, who reviews the performance of the invested portfolio and our investment managers at least quarterly. Should the market value of your endowment fall below original value of the endowment gift, the foundation will continue providing payout to the ASU beneficiary unless prohibited by the donor.
Our institutional expenses include the costs of managing the ASU Foundation endowment, including administrative, legal, fundraising, financial and reporting obligations.