GUILFORD DEVELOPMENT
GUILFORD’S ENDOWMENT IS HARD AT WORK Endowment funds are vital to the support of scholarships, professorships, the library and other academic programs and operations. The purpose of the endowment is to financially sustain the mission and work of Guilford College. The principal of an endowment is kept intact and only the annual earnings, typically income and a portion of the capital growth, are used to fund current needs. Guilford has established its endowment so that we can continue to carry on our important work in the years to come. The College’s Board of Trustees develops a spending policy that balances the current needs of the College with the prudence of saving for the future. The policy defines how spendable income is calculated for the College’s overall endowment portfolio.
ENDOWMENT PORTFOLIO MARKET VALUE & INVESTMENT RETURN
100M
85.9
82.2 80M
60M
61.2
70.7
72.5
71.9
2013
2014
2015
75.6
72.9
62.9 57.8
40M
20M
0
2010
2011
2012
2016
2017
2018
2019
Is an Endowment Gift right for you? It is easier than you may have imagined to make a significant contribution to our Endowment Fund. To learn more about how you can make a significant gift to endow the future of Guilford College, please contact Ara Serjoie, Vice President for Advancement, at serjoiea@guilford.edu or 336.316.2320.
2 0 | W W W. G U I L F O R D . E D U
PHOTO BY JENNA SCHAD
Market value amounts (in millions) include market return, gifts received, payout and fees.
