In our quest to leave a lasting imprint on Kentucky State University, the Alpha Upsilon Foundation proudly launches our Endowment Campaign, a strategic initiative to provide enduring support to our future leaders. This campaign will fund annual scholarships for two deserving KSU students—an Alpha Upsilon undergraduate member and a general student—helping them achieve their educational aspirations.
What Is an Endowment?
An endowment is more than just a monetary gift; it is a perpetual source of support. It involves donating money or property to our organization, where it is invested. The income generated from these investments funds specific, donor-intended purposes—such as scholarships. The beauty of an endowment lies in its sustainability: the principal remains intact, while the investment income is utilized for charitable endeavors.
Key Takeaways:
- Sustainability: The principal is preserved, generating income to support scholarships annually.
- Structure: Endowments can be organized as trusts, private foundations, or public charities.
- Purpose: They support educational, cultural, and service-oriented initiatives.
Our Campaign Goal:
Our immediate goal is to raise $50,000 to seed the endowment. A dedicated committee will be tasked with managing these funds, investing them in a revenue-bearing account to accrue interest for approximately one year before the first scholarships are awarded. This strategy ensures that the endowment remains a lasting tribute to our collective commitment and support for KSU.
Participation and Giving Levels:
We encourage all supporters to contribute to this noble cause. Every donation, regardless of size, plays a crucial role. We have established several giving levels to accommodate different capacities for support:
- Diamond: $1,000
- Platinum: $500
- Silver: $250
Monthly payment options are available to make giving accessible for everyone. Every contribution brings us closer to our goal and furthers our legacy at KSU. This endowment is not just a scholarship fund; it's a promise to our students and to our future.
Join us in this transformative journey to fortify our alma mater's legacy. Together, we can ensure that the Alpha Upsilon Foundation continues to support and inspire the leaders of tomorrow.
We are ready to make history. Are you?
In our quest to leave a lasting imprint on Kentucky State University, the Alpha Upsilon Foundation proudly launches our Endowment Campaign, a strategic initiative to provide enduring support to our future leaders. This campaign will fund annual scholarships for two deserving KSU students—an Alpha Upsilon undergraduate member and a general student—helping them achieve their educational aspirations.
What Is an Endowment?
An endowment is more than just a monetary gift; it is a perpetual source of support. It involves donating money or property to our organization, where it is invested. The income generated from these investments funds specific, donor-intended purposes—such as scholarships. The beauty of an endowment lies in its sustainability: the principal remains intact, while the investment income is utilized for charitable endeavors.
Key Takeaways:
- Sustainability: The principal is preserved, generating income to support scholarships annually.
- Structure: Endowments can be organized as trusts, private foundations, or public charities.
- Purpose: They support educational, cultural, and service-oriented initiatives.
Our Campaign Goal:
Our immediate goal is to raise $50,000 to seed the endowment. A dedicated committee will be tasked with managing these funds, investing them in a revenue-bearing account to accrue interest for approximately one year before the first scholarships are awarded. This strategy ensures that the endowment remains a lasting tribute to our collective commitment and support for KSU.
Participation and Giving Levels:
We encourage all supporters to contribute to this noble cause. Every donation, regardless of size, plays a crucial role. We have established several giving levels to accommodate different capacities for support:
- Diamond: $1,000
- Platinum: $500
- Silver: $250
Monthly payment options are available to make giving accessible for everyone. Every contribution brings us closer to our goal and furthers our legacy at KSU. This endowment is not just a scholarship fund; it's a promise to our students and to our future.
Join us in this transformative journey to fortify our alma mater's legacy. Together, we can ensure that the Alpha Upsilon Foundation continues to support and inspire the leaders of tomorrow.
We are ready to make history. Are you?