Ensuring the Future for Harris Center/Three Stages
An endowment is an income-generating account, whose principal is untouched. Endowments have the advantage of providing funds for specified need (scholarship, equipment and supplies) in perpetuity, but do require a minimum investment of $10,000.
Exist in perpetuity
May be named for the donor or someone the donor wishes to honor
Ensure enduring support for the college, its students and faculty
Minimum of $10,000 to fund an endowment
Pooled with other similar funds for investment purposes in accordance with the Finance Policy
Annual payout can fund scholarships, equipment and supplies, a faculty or staff position or a myriad of other opportunities to support the college
When the principal of the endowment reaches the specified amount (normally $10,000) or more, the endowment will be activated, and the annual payout will be used to fund the donor's specified area of interest.
Investment of the principal of each endowment will be handled in accordance with the Los Rios Investment Policies, with the goal of achieving maximum earnings.
Click here to download our brochure and learn more about our Naming Opportunities.
The Folsom Lake College Foundation is an affiliate of the Los Rios Foundation; a California non-profit, public benefit corporation and is tax-exempt as provided by IRS Sec. 501 (c)(3).