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Endowments & Other



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Endowments to the College

Endowments are permanent funds in which the principal is held in perpetuity and only the investment income is expended annually (payout). Endowment gifts provide long-term sources of funding for the College. Funds support activities not just for one year, or even one generation, but forever.

An endowed fund is established through a minimum gift of cash or stock totaling $25,000, which can be made over a period of 5 years. Endowments can be very specifically focused or they can be generally designated for the most critical program or need. An endowment can be named in honor of an individual, colleague, or family member as well as an organization, foundation or corporation.

Endowment support areas include:

  • Facilities Endowment
  • Faculty Chairs
  • Student Scholarships
  • Program Endowments

Getting Started 

  • Memorial & Honorary Gifts A gift, in memory or in honor of a relative, friend, faculty member or student, is a generous and thoughtful way to recognize a person's life and accomplishments. When you make a memorial or honorary gift to College of the Desert Foundation, we notify the honoree or next of kin, and the gift is used as you specify. Send your gift with a note specifying the honoree's name, as well as the address of the honoree or next of kin. 
  • Naming Opportunities Many opportunities exist to recognize you and your family for leaving a lasting legacy at College of the Desert. Some donors have entire buildings, wings of buildings, classrooms, and so on named after them. For our most up-to-date naming opportunities, please contact the Foundation at 760-773-2561 or via e-mail Jhummer@collegeofthedesert.edu

Endowment funds are invested prudently to ensure they can sustain current and future needs. You can read more on the Foundation's Investment Policy.

 

You can give at anytime online, or by clicking the Donate Now icon found throughout the site. You can also download this fillable PDF and mail back to the Foundation at: College of the Desert Foundation, 43-500 Monterey Ave., Palm Desert, Ca 92260. 

For Information on all any of the giving opportunities found here, or if you have questions and would like to talk to someone at the Foundation, call 760-773-2561 or e-mail Jhummer@collegeofthedesert.edu