Centralight

30 centralight winter '14 Gifts to CMU come in many forms, from one-time scholarships to attend a conference to major endowments providing thousands of dollars in scholarships year after year. Charitable gifts support programs, people, buildings and infrastructure, public service initiatives, and our legacy. Ways to provide fi nancial support • Outright gifts: Cash, credit card, check • Real property, stocks, bonds, mutual funds • Corporate matching gifts: Companies that match gifts from employees and board members • Bequests: Specifi c, general, residual and contingent bequests • Life-income plans: Gifts that provide income back to donors or donors' benefi ciaries • Life insurance: New and existing policies • Retirement plans Setting up a scholarship endowment An endowment is a meaningful legacy in your name or recognition of any individual you wish to honor. Endowed scholarships provide lasting benefi ts to generations of students because the principal to initiate the scholarships remains untouched. Endowed funds are invested and professionally managed to produce income. Only a certain percentage of the income is used to fund students scholarships. As the principal grows through investment, award amounts may increase or become available to more students. If you, a family member or any donor add to the fund, additional awards become possible. In you have questions or want to get started, contact Ted Tolcher, associate vice president, in CMU's Development Offi ce at 800-358-6903. • Here's how. Ready to give? PHOTO BY STEVE JESSMORE

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