Endowed Gifts

Your Gift Can Last Forever

An endowment gift to Washington College today provides a brighter picture for our future. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.

Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at the College. The remaining funds are reinvested to ensure indefinite support.

An Example of How It Works

Couple Smiling Longtime Washington College supporters Charlie and Susan have two goals: First, they want to make sure the College continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.

Charlie and Susan make a $25,000 donation to the College, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.

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Next Steps

  1. Contact Emily Kate Smith ’10 at 410-778-7883 or esmith6@washcoll.edu to discuss endowed gifts.
  2. Seek the advice of your financial or legal advisor.
  3. If you include the College in your plans, please use our legal name and federal tax ID.

Legal name: Washington College
Address: 300 Washington Avenue, Chestertown, MD 21620
Federal tax ID number: #52-0591691

Start Paying It Forward

View and download your FREE copy of Endowments: A Never-Ending Legacy.

Personal Estate Planning Kit

Our Top Free Resource

This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!

Download My Kit