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The Cornerstone of Trust
Gifts made to the Foundation
for the benefit of the College are voluntary
investments from individuals, corporations and
philanthropic foundations. Many times, donors are
simply more comfortable contributing through the
Foundation, a private corporation that is
accountable to them, than to a state agency. The
structure legally preserves the private nature of
the gifts and the donor’s anonymity when it is
requested.
The Foundation gives donors additional confidence
that their gifts will be used in accordance wit
their wishes and to enhance programs rather than
replace state support. In fact, Foundation issues
individual reports to donors who have established
endowments, providing specific information about how
funds have been managed and used. |