Endowed Gifts
An endowment gift to University of the Cumberlands is a powerful way to support students today while ensuring the University thrives for generations to come.
Here’s how it works:
Your gift is invested, creating a permanent fund.
Each year, a portion of the investment income supports immediate needs at the University.
The remaining earnings are reinvested, allowing your gift to grow and provide enduring support far into the future.
With one gift, you help meet today’s priorities while building a strong foundation for tomorrow.
An Example of How It Works
Longtime supporters Susan and Charlie have two goals: First, they want to make sure Cumberlands continues to receive support after they’re gone. Second, they want to memorialize Charlie’s parents, Mr. and Mrs. Jones.
Susan and Charlie make a $25,000 donation to Cumberlands, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of the Joneses. Plus, Susan and Charlie qualify for a federal income tax charitable deduction on their taxes.
Location
6191 College Station Drive Williamsburg, KY 40769
Start Paying It Forward
View and download your FREE copy of Endowments: A Gift That Lasts Forever.
Next Steps
- Contact Tyler Smith at 606-539-3571 or [email protected] to discuss endowed gifts.
- Seek the advice of your financial or legal advisor.
- If you include Cumberlands in your plans, please use our legal name and federal tax ID.
Legal Name: University of the Cumberlands, Inc.
Address: 6191 College Station Drive, Williamsburg, KY 40769
Federal Tax ID Number: 61-0470593