Endowment Basics
An endowment is a permanent fund that generates annual earnings to support your chosen purpose in perpetuity. Unlike annual gifts spent immediately, endowments create a lasting legacy that continues supporting students and programs year after year.
Endowments require a minimum contribution of $25,000, which can be made as a lump sum or in installments over five years. Once fully established, endowments typically need 3-5 years to mature and generate sufficient earnings for distributions.
Endowment Spending and Fee Policies
Once mature, the Foundation distributes up to 5% of your endowment's value each year based on a 3-year rolling average. Your original donation remains untouched and continues growing through thoughtfully managed investments.
Contributions incur no fees at donation. Once matured, endowments are subject to an annual management fee of up to 5% on earnings value, as determined by our Finance Committee.
Make an Immediate Impact
Want to provide support while your endowment matures? You can make additional contributions that award scholarships, grants, or program support right away.
Join Us in Making the Sound
An endowment provides steady, dependable support for SPSCC students year after year. Whether honoring a loved one or creating a legacy, your gift builds opportunities for future generations. Contact us at foundation@spscc.edu or call 360-596-5430 to explore how an endowment can make a lasting impact.