Endowment Is Forever

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Bigelow steam boilers installed in MB’s power plant in 1940.

Imagine if you never had to buy gas for your car! That’s what a strong endowment and your planned gift can do for Moses Brown. Like a smooth running machine, Moses Brown’s fiscal engine is powered by income received through tuition, charitable donations, and annual distributions from endowed funds.

As of December 2013, MB’s endowment totaled just over $24.9 million and included almost 100 individual funds.  The school uses annual income distributions from the current endowment to help support a rigorous, values-based education that prepares students to live and lead in the 21st century. These 100 funds support all aspects of an MB education from scholarship support to promoting world-class teaching to campus upkeep or enhancing the student experience. Other funds are unrestricted and allow the school to respond to pressing financial concerns or provide the flexibility to seize unique and important opportunities.

New planned gifts that establish additional endowed funds at MB are essential investments in the school’s future strength. The annual income received from new and current endowed funds is a permanent, stable, and increasing source of income that augments MB’s ability to build long-term financial sustainability. Given MB’s 230 year history, alumni and friends can be confident knowing that their gifts and investments will support students and faculty for generations to come.

While creating endowed funds for new scholarship or faculty support are enduring priorities at MB, you may wish to invest in a favorite program or discipline (athletic team, theater, music, service, etc.) via a bequest or life income giving strategy. Named endowed funds can be established at a variety of levels and via a number of gift planning vehicles.

To explore the possibilities of establishing an endowed fund, please continue viewing this Web site or contact Perry Broker at 401-831-7350 ext. 289 or via email at pburoker@mosesbrown.org.

 

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