Capital Gifts and Endowment

Capital gifts are gifts that provide for renovating and maintaining existing buildings and campus grounds, major equipment purchases or constructing new spaces on campus and are typically given for a specific purpose or project need. Gifts to the endowment provide ongoing and continuous support to Franklin College and are  invested in perpetuity to produce income and distributed according to the endowment distribution policy. Distribution of endowment income provides support for a college program, student scholarship or faculty position that you have chosen.

The Franklin College Board of Trustees has established minimum investments for the following opportunities.

  • $1,000,000 to fund an endowed named faculty chair.
  • $500,000 to fund an endowed professorship.
  • $250,000 to fund an endowed Dean’s Fellow.
  • $50,000 to fund an endowed scholarship.
  • $25,000 to fund an engaged learning or research scholarship, internship or travel scholarship, special recognition award, or a departmental support endowment fund.