Your Gift Can Last Forever
An endowment gift to Hood College today provides a brighter picture for our future. When you make a donation to our endowment, you give a gift with both immediate and long-term benefits.
Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at Hood College. The remaining funds are reinvested to ensure indefinite support.
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An Example of How It Works
Longtime supporters Susan and Charlie have two goals: First, they want to make sure Hood College 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 $50,000 donation to Hood College, 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.Watch this video to learn more
Your Next Steps:
- Contact Teresa May, Ph.D. at 301-696-3513 or email@example.com to discuss endowed gifts.
- Seek the advice of your financial or legal advisor.
- If you include Hood College in your plans, please use our legal name and federal tax ID.
Legal Name: Hood College of Frederick MD
Address: Frederick, MD
Federal Tax ID Number: 52-0591608