Endowment & Estate Gifts | Forward in Faith | Concordia University Irvine
Endowment & Estate Gifts Forward in Faith

Endowment & Estate Gifts

Endowment Funds Sustain Concordia’s Mission


Endowment & Estate Gifts Graph

As a young institution, Concordia University Irvine is making great strides in building a strong endowment that will fortify the quality programs that help carry out its mission. The Concordia Endowment has more than tripled since 2009, showing the largest percent increase among local Christian schools.

Endowments are the lifeblood of an institution. They provide an ongoing source of revenue for student scholarships and other campus priorities. Concordia was founded by the region’s churches who literally prayed and paid the university into existence. The Concordia Endowment builds on that support and provides strength for today and bright hope for tomorrow.

We have much to be thankful for, but much work still to do. We are moving Forward in Faith toward a $50M endowment in the next few years. Your cash gifts and estate gifts will make a difference in the lives of students now and in the future, funding your passion in perpetuity.

Funding Progress

104%

Still Accepting Gifts!

 

$30.1M

Raised to date


$29M

Total goal

What is an endowment?

An endowment is a permanent investment in the future of Concordia University and its commitment to furthering Christ's Great Commission. Endowed funds are invested, rather than used as cash for immediate needs. The earnings from the endowment are distributed to the University scholarships and academic programs.

An endowment can be designated for a specific purpose, such as faculty development or scholarships. The gift to create the endowment can be made from cash, stock, life insurance, real estate or other assets. The gift is invested and only the earnings from the gift are used each year for the purpose designated by the donor.


Why are endowments important?

Since the capital cannot be used, the income generated from an endowment is an important source of revenue. Endowed funds create a foundation for fiscal growth and stability, while generating a reliable portion of income for scholarships and academic programs.

Endowments are created for many uses and universities with substantial endowments enjoy strong academic reputations and are able to attract the finest professors, maintain the best libraries and facilities. Prospective students will note the improvements that endowed funds provide when assessing an institution. Endowments provide the financial stability to weather the ups and downs of the economy.


Creating a Named Endowment

Donors make a gift of $25,000 or pledge payments over 5 years to create the permanent investment. Many Concordia donors establish endowments and fund them through their estate gifts.

For more information on endowments and estate gifts, please contact Dennis Cox, Director of Planned Giving, at (949) 214-3182 or email him at dennis.cox@cui.edu for more information.

Learn more about the many benefits of gift plans and sign up for our email newsletter at cui.giftlegacy.com.

Visit Planned Giving Website

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