Endowed Gifts

Your Gift Can Last Forever

An endowment gift to Endicott College today provides a brighter picture for our future students. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.

Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at Endicott College. The remaining funds are reinvested to ensure indefinite support.

An Example of How It Works

Guys standing with arms crossed Longtime supporters of Endicott College, Charlie and Susan have two goals: First, they want to make sure Endicott College continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.

Charlie and Susan make a $25,000 donation to Endicott College, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.

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Next Steps

  1. Contact Patrick Hewett at 978-232-2376 or phewett@endicott.edu to discuss endowed gifts.
  2. Seek the advice of your financial or legal advisor.
  3. If you include Endicott College in your plans, please use our legal name and federal tax ID.

Legal name: Endicott College
Address: 376 Hale Street | Beverly, MA 01915
Federal tax ID number: 04-2103567

Start Paying It Forward

View and download your FREE copy of Endowments: A Never-Ending Legacy.

Personal Estate Planning Kit

Our Top Free Resource

This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!

Download My Kit