Every gift makes
a difference. Whether $10 or $1000, a cash gift can be directed to whatever
purpose you specify and will positively affect a student or students in our
community. If you are considering a cash donation, you may be able to double
the impact of your generosity. Your employer may support an educational matching
is a gift offered to a tax-exempt organization on the condition that the recipient
will not spend the principal. Only the income generated through investing
the principal is used. Advantages of giving a gift as an endowment:
- Provides a lifetime
relationship between Cheney Area Dollars for Scholars and the donor
- Annual reports are
sent to donors allowing the donor to see how their gift contributes to
academic excellence and to increased opportunities for students.
- An endowment can
be established to honor an individual who is significant to the donor
or to memorialize a family member.
- Endowments can unrestricted
or may be earmarked for specific areas of importance to the donor, such
as, support for students based on field of study, community affiliations,
academic excellence, or involvement in performing arts, athletics, etc.
- An endowment keeps
giving over time and provides stability. Since the principal is
not spent, an endowment generates earnings year after year.