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An endowment gift to Our Lady of the Lake University today provides a brighter picture for our future. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.
Gifts of $25,000 and above qualify to create an endowed scholarship fund. Gifts can be made through cash, securities and stocks, and real property. A 4.75% giving rule of the annually earned interest funds the scholarship’s intent, while the remainder of the earnings are reinvested, allowing the fund to grow and the donor’s legacy to exist in perpetuity.
Longtime Our Lady of the Lake University supporters Charlie and Susan have two goals: First, they want to make sure OLLU continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.
Charlie and Susan make a $25,000 donation to OLLU, 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 Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.
Legal name: Our Lady of the Lake University of San Antonio, Texas
Address: 411 SW 24th Street, San Antonio, TX 78207
Federal tax ID number: Please contact us for our federal tax ID number.
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