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Gifts in Action :: Endowment
A strong endowment is the financial backbone of any institution of higher education. This is particularly true at Oberlin, where the endowment provides a predictable and stable stream of income to the operating budget each year.
The Oberlin College endowment is a collection of approximately 1,350 separate funds established to provide scholarships; purchase and maintain library, art and other collections; support professorships and research efforts; and other activities, including maintenance of facilities and support for specific programs. Endowed gifts are made with the knowledge that the intended impact of the gift will last into the foreseeable future.
A minimum outright gift of $25,000 is generally required to establish a new named endowed fund. Funds intended for specific purposes have higher minimum amounts. Estate gifts and income-generating gifts can also be designated to the endowment, but may carry additional restrictions. Most existing endowed funds are open to gifts from anyone. Additional gifts to existing memorial funds can be an appropriate way to honor a family or program.
Donors who wish the College to invest their gifts in socially responsible funds have that option. The Vanguard Calvert Social Index Fund Institutional Shares and the Calvert Social Investment Equity Fund were added to Oberlin’s endowment in 2001 as alternative investment vehicles for College donors. For more information, please contact the Office of Leadership Giving.
Taking the next step:
To learn more about outright gifts to the endowment, please contact the Leadership Giving staff at leadership.giving@oberlin.edu or (440) 775-8545. If you have a question about property, estate, or income-generating gifts, our Gift Planning staff is at your service at gift.planning@oberlin.edu or (440) 775-8599. We also encourage you to fill out the request for information form so we may better assist you.
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Children at the St. Andrew's
Refugee Ministry in Cairo, Egypt |
Making a Difference :: The Oberlin Alumni Fund
The St. Andrew’s Refugee Ministry is an oasis of calm amid the noise and confusion of downtown Cairo. In summer 2007, St. Andrew’s attracted displaced men, women, and children who had fled from Sudan, Ethiopia, Iraq, and other countries in an attempt to start new lives. And it was also the destination for 19-year-old Amina Hassen, who, weeks after completing her freshman year at Oberlin, had come to help.
In a little over a month at St. Andrew’s, Hassen taught English to children and adults, who in turn helped her with her Arabic. She breakfasted on foods popular with the locals, like batatis,which essentially are sandwiches of French fries and ketchup on pita bread. She listened to stories of conflict, persecution, and violence as her new acquaintances recounted tales of life in their homelands.
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