Endowments

An endowed gift is one in which the principal funds are invested and only investment returns are utilized for the donor's stated purpose. With professional investment management assistance, the Trustees manage the endowment to grow and keep pace with inflation. Bethany's endowment includes gifts for scholarships, professorships, lectureships, library acquisitions and programs.

Endowed Department

Endowed Department honors in perpetuity a person or persons named by the donor. The endowment assists with operational cost related to the department by underwriting equipment needs, technology, and faculty development expenses. Endowed Departments may be funded with minimum gifts of $5.0 million.

Endowed Majors

Endowed Majors honors in perpetuity a person or persons named by the donor. The endowment assists with operational cost related to the department by underwriting equipment needs, technology, and faculty development expenses. Endowed Majors may be funded with minimum gifts of $3.0 million.

Endowed Chair

Endowed Chair honors in perpetuity a person or persons named by the donor. Distinguished scholar-teachers will be appointed to fill these positions. Chairs may be funded with minimum gifts of $2.0 million.

Endowed Professorships

Endowed Professorships honors in perpetuity a person or persons named by the donor. Distinguished scholar-teachers will be appointed to fill these positions. Professorships may be funded with minimum gifts of $1.5 million.

Visiting Distinguished Professorships

Endowed Visiting Distinguished Professorships honors in perpetuity a person or persons named by the donor. Distinguished scholar-teachers will be appointed to fill these positions on an annual basis to bring special competencies or unique perspectives to the campus community. Visiting Distinguished Professorships may be funded with minimum gifts of $1.0 million.

Endowed Programs

Academic programs at Bethany may be endowed with a minimum gift of $500,000. The donor and the College agree upon the purpose and use of the income generated. There are few gifts as important to Bethany as those designated to enhance the teaching and learning process.

Endowed Lectureships

Endowed lectureships also honor in perpetuity a person named by the donor. Distinguished speakers are brought to campus for a lecture series in the academic department named by the donor. Lectureships may be funded with a minimum gift of $100,000.

Endowed Scholarship

Scholarships may be designated by certain criteria including, but not limited to, geographic region, area of study, academic standing, etc. Donors are encouraged to make additional contributions to their scholarships in order to increase the earnings. A scholarship endowment can be established with a minimum gift of $25,000.

Book-A-Year Endowments

Gifts of $500 to this endowment fund enable the purchase of a book for the T.W. Phillips Memorial Library each year; thus, the gift is perpetuated on an annual basis. Each gift is recognized with an inscription on a brass leaf that is placed on a Tree of Knowledge in the Library.