Endowment Support

One of the college’s primary goals (as identified by the strategic planning process) is to substantially increase the Luther College endowment—a perpetual fund composed of donor gifts that are retained and invested by the college. Earnings from the endowment are available each year to support college programs and scholarships as designated by the donor.

Please note: All amounts discussed in the following sections are for donors who will fund the endowment through an outright gift or pledge. You may also choose to fund a named endowment through a planned gift. However, that may require a larger amount due to the timing of the gift. Please consult directly with the Development Office for specific details.

What are the giving levels for academic endowments?

Luther has five giving levels for academic endowment opportunities:

Giving Levels Amount
Endowed Chair  $1,500,000
Endowed Professorship    $750,000
Endowed Lectureship $250,000
Endowed Fund for Faculty and/or Student Research Fellowships   $100,000
Endowed Scholarships (The Legacy Trust)    $25,000
Special Endowment $25,000

 

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