How It Works
Endowments serve as perpetual funding sources for Indian River State College. Like a well that never runs dry, they provide continuous support for generations of students.
The Principal is the initial donated amount that gets invested and protected—this foundation remains preserved while growing through strategic investment management.
The Interest (investment earnings) represents the returns generated by the principal each year. Our investment policy allows us to use 5% of the principal annually for scholarships, academic programs, and essential college services.
This responsible approach ensures endowments deliver consistent support while building greater capacity over time, creating lasting impact for our students now and in the future.
Minimum Investment
$15,000 is the minimum amount for creating an endowment for scholarships, academic programs and essential college services. You can reach that amount with a single donation or make a pledge over a period of years to build up to it.
Fully funded endowments begin generating impact after their first full year of investment. During the initial three-year establishment period, spending allocations gradually increase as your endowment matures and stabilizes. After three years, your endowment reaches full maturity, providing the complete 5% annual allocation to support IRSC students and programs in perpetuity.
Naming Opportunities
Create a legacy at Indian River State College through meaningful naming opportunities that honor your values while transforming education. In addition to naming a scholarship, your generosity can be remembered in other ways.
Buildings & Facilities – Your name on a campus building creates a visible, enduring tribute while providing essential spaces where students learn, collaborate, and prepare for successful careers.
Programs, Laboratories & Classrooms – Name programs of study, or specialized labs and learning environments that equip students with hands-on experience in fields from healthcare to technology, engineering to sciences.
Endowed Faculty Chairs – Support exceptional faculty through endowed faculty chairs that provide full salary support or enhance academic excellence across disciplines by supporting Teaching Chairs that provide financial benefits to faculty to support research in specialized areas. Endowed chairs elevate academic quality, enrich student learning experiences, and demonstrate the college’s commitment to educational excellence, all while honoring your legacy in perpetuity.
Impact Report
Indian River State College Foundation maintains transparency and accountability through comprehensive performance reporting. Endowment funds are actively managed by our Investment Manager, and results are overseen by our director and reviewed bi-monthly by our Investment Committee and Board of Directors, ensuring prudent oversight and strategic management.
Donors receive annual statements detailing their endowment market value, investment returns, and the impact of their support on students and programs. These reports demonstrate how your gift is being stewarded and the tangible difference it makes in our college community.
We’re committed to keeping you informed about your endowment’s growth and the lives it transforms at Indian River State College.
