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
107 Borland Building
University Park, PA 16802
tel. (814) 863-2142
e-mail: dsi1@psu.edu