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.
The endowment grows in two ways. First, donors make gifts to the endowment that are held in the fund in perpetuity. Second, all earnings and growth of the endowment over the Board of Regents' annual 5 percent spending allowance are reinvested in the fund.