Endowed giving is designed to provide prominent and permanent support, forever connecting the name of the donors or someone the donors wish to honor with Saint Louis University School of Law.
Endowed funds are invested to generate annual income in perpetuity for the purpose specified by the donors. Only a portion of the annual return generated by each endowed fund is spent, so the principal continues to grow.
Donors often fund endowments as a single gift or in the alternative, they spread the payments over several years in the form of a pledge. Endowed funds can become family traditions, with succeeding generations adding gifts to the principal established by a founding donor.
There are many ways to fund commitments to the endowment, including outright gifts and planned giving vehicles. In order to guarantee the income from an endowment will be sufficient to achieve the donor's goals, we have established minimum support levels. Following are just a few of the categories and levels:
Named Scholarships: $50,000
Student Support Funds: $100,000
Named Lectureship: $100,000
Named Professorship: $500,000
Named Chair: $2.5 million
Named Center of Excellence: By consultation