Making a Gift to the College
Private Support and Endowments
Ongoing needs for the College are:
Academic Support
Undergraduate Student Support: 100 new endowed scholarships
Graduate Student Support: 15 new graduate fellowships
Faculty Support: A Dean's Chair, 2 Director's Chairs and 5 new professorships
Community-Based Programs in Visual and Performing Arts Support
Palmer Museum of Art Collection: $12 million in various art objects and art collections, plus endowments for art acquisition, exhibitions, and programs
Center for the Performing Arts: Program Endowment
Pennsylvania Centre Stage: Program Endowment
Making a Gift
Endowed and Annual Gifts
An endowment is an investment of permanent funds, a portion of the earnings of which are available for annual spending. For example, a $25,000 undergraduate scholarship endowment might generate 10 percent annual growth in the current market and pay out 5 percent annually to be used to award a scholarship; the remaining 5 percent would be added to the principal to adjust for inflation. The idea is that the funds donated are permanent, and only the earnings on them are available for spending by the college.
Annual gifts are raised and spent in their entirety each year.
Naming Opportunities and Endowment Specificity
Endowments provide exceptional opportunities for donors to name gifts and to specify projects or programs that are of interest to them. All endowed gifts can carry the name of the donor or loved one. In addition, the focus of an endowment can be specific. For example, if John Smith wants to support a School of Music voice student and honor his wife Jane, he could endow a fellowship that might be called "The Jane Smith Graduate Fellowship for Vocal Excellence." Listed below are some of the naming opportunities available and the corresponding required funding levels.
Endowment Opportunity and Amount
- Naming of Dean's Chair—$5 million
- Naming of Department Head's Chair—$3 million
- Naming of Chair—$2 million
- Naming of Professorship, Curatorship or Fellow—$1 million
- Naming of Graduate Fellowship—$250,000
- Naming of Undergraduate Scholarship—$50,000
- Naming of Program Support Endowment—$50,000
- Naming of Student Aid—$20,000
For more information about becoming a donor to the College of Arts and Architecture, please contact:
Daniel S. Isidor
Director of Development
College of Arts and Architecture
The Pennsylvania State University
215 Wagner Building
University Park, PA 16802
tel. (814) 863-2142
e-mail: dsi1@psu.edu