Invest in Our Future
Each year we rely on your generous support, along with the gifts of many others, to help us carry out our work. Endowment funds not only make a lasting impact at Cal Poly, they also offer the opportunity to honor your family name or pay tribute to a loved one. You can establish an endowment with a contribution of cash, securities, real estate or a planned gift.
How It Works
When you make an endowed gift, your contribution is invested with and becomes part of our endowment. An annual distribution is made for the purpose you designate. Because the principal remains intact the fund will generate support in perpetuity.
Did you know?
You can set up an honorary endowment in your will so that your name, or the name of someone special, can live on forever.
Endowments provide a consistent flow of support to students and allow the university to plan into the future. Minimum gift levels to create various types of endowments have been set to guarantee that income will be adequate to achieve the benefactor's vision, both now and in the future. Gifts of any size may be added later to enlarge the endowment over time. Gifts at the following levels can create permanent named endowments at Cal Poly:
|Endowment Types and Thresholds|
|Type of Endowment||Threshold for Initial Gift|
|Senior Project/Research Fund||$50,000|
Based on the Cal Poly Foundation's spending policy, the Foundation currently distributes 4.00 percent of the three-year rolling average in the fund. Any additional returns above this amount are reinvested into the fund to allow the fund to defeat inflation over time.
In order to have a full year of earnings available, endowments at required threshold must be invested no less than twelve consecutive months prior to the first distribution of earnings. Some donors choose to also contribute a direct cash gift to cover scholarships or award until the endowment is fully funded and distributing proceeds.
Other Useful Forms
- Contact Cal Poly's Office of Gift Planning at 805-756-7125 or email@example.com to discuss endowed gifts.
- Seek the advice of your financial or legal advisor.
- If you include Cal Poly in your plans, please use our legal name and federal tax ID.
Legal Name: California Polytechnic State University Foundation
Address: Heron Hall, Building 117, San Luis Obispo, CA 93407-0444
Federal Tax ID Number: 20-4927897
Not Sure How to Begin Planning?
Check Out This Potential Scenario
Longtime supporters Susan and Charlie want to make sure Cal Poly continues to flourish long after they're gone. They also want to memorialize Charlie's parents, Mr. and Mrs. Jones. So they make a $25,000 donation to Cal Poly, which we invest. Each year, a portion of the income from the invested money will be used to support teaching, scholarship and service in honor of the Joneses. The rest of the income is reinvested in the fund; that's what allows it to support us indefinitely. Susan and Charlie qualify for a federal income tax charitable deduction on their taxes.
Watch this video to see how it works
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.