What is the minimum gift needed to establish an endowed fund? What are the specific areas of need for endowments?

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What is the minimum gift needed to establish an endowed fund? What are the specific areas of need for endowments?

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Your endowed scholarship gifts are invested by Concordia and the spendable investment income is awarded to a selected student. The principal remains intact, providing ongoing scholarship funds. To establish an endowed scholarship, a minimum of $30,000 is required. You may choose to fund the entire endowment at once or make payments over a period of three to five years. We’ll work with you to create an agreement defining the terms of the scholarship.

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