Planning for your Future

As a friend of Michigan Tech, we can offer you free tools to help you get your affairs in order prior to meeting with an attorney.

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Endowments

Gifts to Michigan Tech that keep on giving

Michigan Tech Fund endowments are gift funds set aside to provide a perpetual flow of income. The funds are invested for long-term stability and growth. With the goal of guarding against inflation, only a portion of the income is used to support the purpose of the endowment.

You can designate the endowment for scholarships, fellowships, a faculty position, a specific program, or the unrestricted use of Michigan Tech to help meet its greatest needs. The endowment can be established in your name, the name of a loved one, or a family name. Or, it can be named after a person of wide influence at the University, such as a well-loved professor, to encourage support from other Michigan Tech alumni.

A named endowment can be created with a minimum of $25,000 through outright gifts, deferred gifts, life income gifts, or a combination of such gifts.

Contact the Office of Gift Planning for more information.

Benefits of endowment gifts

  • Continue a favorite program in your name long into the future, or create a lasting tribute to a loved one
  • Provide financial stability for Michigan Tech
  • Receive tax benefits based on the types of gifts used to fund the endowment
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