Endowments

A Legacy that Lasts Forever

Benefits of an Endowment:

• Impact generations of students
• Simple to establish
• One-time gift creates significant returns
• You can always add to your endowment once established
• You can create an endowment now or in your will
• Use a variety of asset types to fund your endowment

 

Southeastern Foundation Endowment Mechanics:

• Minimum to establish is $10,000
• You may fund through a lump sum or installments over 3 – 5 years
• Your principal gift is invested in the Foundation’s endowment pool
• Annual awards come from your permanent fund’s earnings
• Option to fund a current scholarship or program while endowment grows
• Student recipients send donor appreciation notes
• Receive an annual endowed fund report

 

Endowments help fund:

• Faculty chairs and professorships
• Graduate assistantships
• Scholarships
• Program support
• Research support
• Student internships
• and more

 

Other Considerations:

• Your gift is tax deductible
• Your endowed scholarship lasts forever (in perpetuity)
• You name the fund
• Your goals and desires determine a guiding gift agreement for your endowment

 

May We Help You?

• Southeastern Development staff welcome the opportunity to answer your questions and work with you.
• Please call 985-549-2239 or advancement@southeastern.edu.

 

Giving Samples

Gift Type	Monthly Payments	OR Quarterly Payments	OR Semi-Annual Payments	OR Annual Payment	Pledge Amount (over 5 Years)
Endowed Fund	$166.67	$500	$1,000	$2,000	$10,000
Current Fund	$41.67	$125	$250	$500	$2,500
Total	$208	$625	$1,250	$2,500	$12,500

 

Gift Type	Monthly Payments	OR Quarterly Payments	OR Semi-Annual Payments	OR Annual Payment	Pledge Amount (over 5 Years)
Endowed Fund	$416.67	$1,250	$2,500	$5,000	$25,000
Current Fund	$83.33	$250	$500	$1,000	$5,000
Total	$500	$1,500	$3,000	$6,000	$30,000

 

Endowment Distribution and Tuition Impact

Endowed Fund Principal Balance	Annual Distribution	If Scholarship, Percent of Annual Tuition and Fees Covered
$10,000	$400	4%
$25,000	$1,000	11%
$60,000	$2,400	27%
$100,000	$4,000	45%

 

Full-Time Tuition Fall 2022	$2,889
Fees	$1,298
ID Fee	$18
Book Fees - 4 classes/12 hours	$240
Total Tuition and Fees	$4,445
Annual Tuition (Fall & Spring)	$8,889