Endowment, Annual and Virtual
Endowment gifts are preserved in a separately named fund, and only a percentage of earnings is spent every year for the purposes outlined in a fund agreement designed with the donor to accomplish their giving goals.
Annual gifts are earmarked for immediate use and generally given to an existing fund and purpose.
Virtual Endowments are created by blending endowed and annual gifts. We work together to develop a fund agreement, and a plan to build your endowment over time or through your estate in the future. In the meantime, you make annual gifts to cover the current distributions from your named fund so students benefit now. This solution is perfect for you if you want to make a difference today and ensure support for future generations of Grand Valley students!Learn more about Named Endowment Funds