ECU Foundation, Inc

How an Endowment Works

A donor gives to the Foundation to establish a named endowed scholarship in an area of his or her passion. The minimum amount for a Foundation Endowment is $10,000, while the minimum for Centennial Endowment recognition is $15,000. The Foundation’s Investment Committee invests the donor’s gift in accordance with the Foundation’s investment objectives to maximize returns and minimize risk. A portion of the earnings on the invested funds will be used for distribution as scholarships to students, while the fund’s principal amount remains intact.

The donor works with the Foundation staff to develop criteria for the scholarship and guidelines for its distribution. A scholarship

agreement is signed by both parties.

The gift is entered into the ECU Foundation Endowment fund.

By reinvesting the remainder of the earnings, the scholarship continues to grow and is protected from inflation, providing annual support to ECU’s students for decades to come.