EFSC Foundation 2016-17 Foundation Annual Report | Page 5

73
TOTAL RESTRICTED ENDOWED FUNDS = $11,138,631
Endowed Scholarships total restricted funds
$9,749,232
85
College Program Support
6 (Simpkins
7 Series/Art)
8
$1,009,034 9 10
Endowed Faculty Chairs
16
$615,508 6 7
15
25
12
15
8
9
29
16
WHAT IS AN ENDOWED SCHOLARSHIP?
43
An endowed scholarship is the donation of money to a foundation for the ongoing support
29
25 the endowed capital, and only the interest
of a scholarship. The EFSC Foundation invests
generated is used to issue scholarships (per the donor’s instructions). Therefore, the
capital or corpus is never touched, ensuring that the donor’s gift is a permanent source of
funding for ongoing scholarship support. It’s a gift that keeps on giving.
44
WOW!
EMPLOYEE GIVING
44 - $12,900
84 employees giving 43 1,901 gifts
Our Employees Care!
FUN FACT:
73
85
73
BAS – Biomedical
Sciences graduate
The first EFSC Bachelor’s
Degree graduate to get
85
directly
into Medical School
PRICE TIPPING
Biomedical Sciences graduate
10