Endowed Gifts

A gift to the endowment at WDET is an investment in the future. With careful stewardship, endowed funds grow in value over time, providing resources in perpetuity. Each endowed fund has an invested principal that is never spent. The principal earns income that is then distributed to a spending account. The spending account is then used to support the specified purpose of the endowed fund.

Endowed funds can be restricted, meaning that they are used to support a purpose designated by the donor. Many WDET donors designate their giving to a program. Alternatively, some donors establish unrestricted endowed funds, which are used by WDET to provide support where it is needed most.

For more information, please contact one of WDET's experienced planned giving professionals.

Meg Callow
Senior Major Gift Officer
313.577.4037
mcallow(at)wayne(dot)edu

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