The Endowment
Building Our Future: The Endowment
Our endowment is an investment in the future, ensuring we can pursue our essential mission in perpetuity. A strong endowment gives us confidence to plan and make strategic long-term decisions on a foundation of financial security.
Specifically, we seek to increase scholarship aid for students and salary support and academic enrichment for the faculty. In building Piney Woods endowment, we invest in the school’s most valuable resources-its students and faculty.
The Piney Woods Endowment is a restricted fund and all contributions to the endowment are placed to work in a variety of investments where the principal remains intact and only the interest income is utilized to support the school.
How can you give to the Endowment Fund?
Gifts may be added to this fund through:
- A Donation given at anytime
- Bequest ( a designation in one’s will or living trust)
- Life Insurance proceeds (either through beneficiary designation or through a gift of the policy itself)
- Assignment of certificates of deposit
- Transfers of property such as cash, stocks, bonds, and real estate
- Memorial gifts in the name of a family member of friend
- Charitable gift annuity
- Charitable remainder trust
- Beneficiary designation in an IRA or other retirement plan
How is the Piney Woods Endowment managed?
The Board of Directors is responsible for all endowment investment and distribution policies and to ensure that these policies comply with the laws of the State of Mississippi. The Endowment Fund Committee of the Board of Directors is responsible for making all investment decisions in accordance with these policies.
For more information, please contact development@pineywoods.org.