Types of Gifts
The sheer number of giving possibilities can be overwhelming. FAR can help you determine which type of gift best fits your values while meeting the university’s needs.
When you think of a college gift, chances are you envision capital projects, athletics programs, or a combination, such as building a new stadium. These are popular choices, and their familiarity and flash make them easy to market. However, these gifts often enforce the status quo rather than make a difference in the quality of education students receive. Consider gifts that strengthen a university’s academic offerings, such as attracting top-tier teaching talent. You might give to a humanities department that offers courses you think are undervalued or fund a lecture series that broadens intellectual diversity on campus.
Below are three common types of gifts. Follow the links to learn more about these options, and contact FAR to discover how to make your gift a reality.
Scholarship Funds help make college tuition more affordable for students and their families.
Endowments provide ongoing financial support for designated purposes. For instance, an endowed chair can fund the salary of a faculty member to teach in essential, but often overlooked disciplines, like philanthropy.
Academic Programs or Centers are dedicated to teaching and research in areas that might not otherwise be offered by the university, such as the Great Books or civics.
Colleges and universities have specific projects and initiatives in mind for donors to support. One of their recommendations might be the perfect fit, but if not, you can suggest an alternative. FAR can help you determine what type of gift makes the most sense for you and your vision.