Endowed Giving at Harvey Mudd
What is Endowed Giving?
While annual giving supports the College’s immediate needs, endowment gifts add to our expertly managed principal that continues to yield returns for each coming year.
Donors may also create a Named Endowed Fund to provide an enduring source of funding for the people, programs or places on campus they wish to nurture. Since the principal is not spent and a portion of the income is reinvested, a named endowment lasts in perpetuity and allows donors to establish their own named legacy or honor a loved one, respected colleague or mentor. Named Endowed Funds support lecture series, academic and extracurricular programming, student-faculty research, professorships and other important areas of activity and discovery at Harvey Mudd College.
Donors and, whenever possible, legacy family members after their lifetime, receive regular reports about the impact of their support and the fund’s growing value. Endowed funding opportunities begin with a gift of $50,000 to ensure that spending amounts generated annually have impact on their designated purpose. However, there are many other ways to support our students and faculty at a variety of levels. For more information, please contact our office.
There are several opportunities for you to invest in supporting what makes Harvey Mudd College unique. These investment opportunities extend the critical teaching relationships between faculty and students and provide both with added resources. They also help enable students to present their research findings in publications and at national or international conferences with their faculty research partners.
Pledging Your Gift Over Time
Your gift made be made directly to the endowment through a one-time payment or may be pledged for up to five years. For information on how you can make an endowment gift via a multi-year pledge, please contact Kimberly Stafford, assistant vice president for advancement, at firstname.lastname@example.org or 909.607.0877.
HMC will follow policies approved by the board of trustees that ensure appropriate prudence in investment of and spending from the endowment in order to comply with the provisions of the Uniform Prudent Management of Institutional Funds Act (UPMIFA) and any subsequent revisions to the act. This may include, for example, continued spending from the endowment in the event that the market value of the endowment falls below its original gift value.