Where to Give – The Choice is Yours
Many individuals give to Binghamton University to meet personal goals or to support their own values and beliefs. Some see it as a good investment. Yet others value the experiences they had at Binghamton and want to ensure the same for future generations.Perhaps you would like to remember someone by naming a scholarship, a professorship or even a building after them. Maybe you have an interest in a particular program you want to see grow and succeed.
Current Use Gifts
The Binghamton Fund our annual giving program, is a powerful opportunity to support strategic initiatives critical to the success of our faculty and students. Gifts to the Binghamton Fund are flexible contributions which provide immediate support to areas of greatest needs for the University and for the school and units.
Restricted gifts, for current use, may be spent in their entirety, either in the year given or subsequently, but only for the specified purpose. For example, restricted gifts can be made for a variety of general purposes such as technology, to support a particular programmatic activity, to recruit new faculty, or to support a new initiative. The possibilities are almost limitless, which is why it’s important that any restricted gift be the product of a discussion between the donor and the Foundation to ensure that the restriction is one that both furthers the school or unit’s priorities and is meaningful to the donor.
Endowed Gifts
Endowed funds are the cornerstone of a university’s financial foundation, providing stability when other resources are low. Endowed gifts are invested, and a portion of their earnings are released each year to support priorities specified by donors. An endowment continues to grow over time, supporting the scholarship or program for as long as the University exists. Additionally, endowments bring recognition and raise visibility by serving as a mark of academic excellence.
Planned Gifts
Planned gifts are those gifts which mature after a donor’s lifetime, such as provisions in wills, life insurance policies, trusts, annuities, life estates, and retirement plans. Requiring dedication and thoughtful consideration, gift planning can take multiple forms and can help you address a variety of your personal financial goals.