The Importance of Perpetual Support
15 % - Percentage of Centenary's operational budget raised through philanthropy
140 Million - Centenary's Endowment as of June 30, 2021
How Giving to the Endowment Works
When you give to or establish an endowed fund, the College invests your gift as part of its overall endowment portfolio. Each year, a portion of the value of your endowed fund is paid out to support the fund's purpose (a scholarship, a professorship, etc.) Any remaining earnings are used to build the endowment's value. In this way, an endowment fund can grow and provide support for its designated purpose in perpetuity.
A minimum gift is needed to establish endowment support for students, professors and programs.