What is the difference between The Fund for LMU (Annual Fund) and the endowment?
The Fund for LMU, our annual fund, supports the annual needs of the university to provide a meaningful educational experience. We access these funds throughout the year as needed and they are designated for current year use, much like a checkbook. An endowment is similar to a saving account; these funds are invested for future initiatives to ensure longevity of programs, scholarships and other student-centered programs. LMU usually spends only 5% the investment earnings from its endowment so that we can save for future university needs.
Can I designate my gift for a specific purpose?
You may direct your gift for a specific purpose or to support a college, school or program that is meaningful to you. Your gift can be designated for current use or to build a legacy. You can select from a list of priorities, or indicate your special preference, when donating online at go.lmu.edu/give. Or to create an enduring legacy, contact 310.338.5125.
How will my $5, $20, or $50 gift to LMU really make a difference?
All gifts small and large make an impact, because they collectively create opportunities for our students and faculty. For an example, 50 gifts of $20 will provide a deserving LMU student with a $1,000 scholarship which could allow the student to reduce his or her work hours at a part-time job and instead study, research or volunteer within our Los Angeles community. To learn more about other ways your gift counts click here.
Will my company or my spouse's company match my gift to LMU?
More than 1,000 companies offer matching-gift programs that can double, or even triple, your gift. LMU received $165,362 in matching gifts from 373 donors in 2006-07. Click here to check our database of companies. Your company's gift will support the same important program as your personal gift.
Am I recognized for my matching gift?
Absolutely. You will receive recognition credit that applies to membership in our leadership programs such as the Presidential Associates. We will also confirm with you that we received your company's matching gift.
How do I make an in-honor or memorial gift to the University?
You can show your support through a gift to the Annual Fund or through an endowed gift. To contribute to The Fund for LMU, you may make a gift online using our secure transaction form. Indicate the name of the person you would like to honor or memorialize in the special instructions area. If you'd like to make an endowed gift, email us at email@example.com .
What is the minimum gift needed to establish an endowed fund or scholarship?
You can contribute any gift amount to a pooled endowment fund. To create a named endowed scholarship or fund, a gift of at least $100,000 is required.
What kind of gift offers the greatest tax advantages for donors?
A gift of appreciated securities. When you donate securities, you not only receive credit for the current market value of the stock; you avoid paying capital gains tax on the appreciation.
How can I receive income from a gift I make to LMU?
LMU offers a number of Planned Giving options. These life income gifts include pooled income funds - which operate similar to mutual funds, charitable gift annuities and various trust arrangements. Learn more about our planned giving resources.
How can I make a gift through my estate plan?
Your bequest to the university or any of its schools or colleges through your will or living trust can take any of a number of forms. You can bequeath a specific dollar amount, or a portion of what remains after your obligations to others are fulfilled. You can designate your bequest to support the university as a whole, or a specific college or school. Through your bequest, you can establish a permanent named fund for scholarships, program support, professorships, or the like.