Giving to CALA: Major Gifts
Major gifts are classified as those of $10,000 or more. Not only do they offer transformative opportunities to impact CALA’s new building, our Lecture Series, or our student scholarship opportunities, but all major gifts offer opportunities to publicly honor the donor.
CALA endowments provide a perpetual source of assistance for current and future students. Establishing a permanent scholarship endowment requires a minimum fund balance of at least $10,000. This endowment initially will generate a $400 annual dividend, and as the fund grows through earnings and additional contributions, more aid will become available.
Establishing a named scholarship endowment can be accomplished with a minimum amount of effort and may even be paid for over time. Many of our endowments that are well over $10,000 have been funded through:
---transfers of appreciated stock to avoid capital gains taxes
---families pooling funds
---honoring someone in memoriam
---funds from a business, corporation or foundation
Testimonials (coming soon!)