There are many ways to give to Elon. Two of the most important are annual giving and planned giving. Both count toward the Ever Elon Campaign.
An annual gift is one way in which everyone—alumni, parents, grandparents and friends—can help students today, personally and immediately.
Every year, annual gifts go directly where help is needed most. They are made through The Elon Fund, the Parents & Grandparents Fund, the School of Law annual fund, IGNITE and the Phoenix Club to support athletics. Annual giving keeps us going, providing scholarships to deserving students and maintaining signature Elon Experiences such as study abroad, internships and undergraduate research.
The operating principle is that each member of the community is asked to give every year and as generously as he or she is able. It’s a way of helping out others while giving back. Unrestricted endowment gifts often are made through gift planning, and not just by the wealthy. Donors of varying means may choose gift options that will help the university while serving their own long-term financial goals. The Order of the Oak was established in 1988 to recognize those who help secure Elon’s long-term future by including the university in their estate plans.
Unrestricted funds—annual and long term—are essential for building Elon’s fundamental financial strength. While providing support for on-going and basic activities, they will allow Elon to pursue measured enrollment growth while lessening the percentage of operating expenses covered by tuition.Perspective: Impact of Annual Gifts
Alumni, parents, grandparents and friends contributed $5.1 million in 2007-2008. To put that amount in perspective, think of it as income from invested endowment funds. It would take an endowment of about $100 million to generate investment income equal to the annual gifts we gratefully received in that one year.