A minimum gift of $100,000 is required to create a named endowment fund at WRA. Endowment funds may be named according to the donor’s wishes and designated for a specific purpose. Endowed funds are invested as part of the WRA endowment which is managed and administered by the Investment Committee of the Board of Trustees. Annual distributions from endowed funds are determined by the spend-rule established by the Board of Trustees. The following opportunities represent the areas of greatest need for endowed support at WRA.
All donors establishing endowed funds will receive an extensive annual report on the investment performance of the fund, the distribution and use of funds along with letters of thanks from faculty or student recipients. In many cases, the Advancement Office coordinates meetings between donors and recipients to further develop their relationship with each other and WRA.
If you have questions or want to learn more about Named Gift Opportunities at WRA, please contact Mark LaFontaine at (330) 650-9704 or firstname.lastname@example.org.