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How Your Support Helps MacMurray

Gifts can be given to MacMurray for the following purposes:

• Annual Fund
• Capital Fund
• Endowment Fund
• Deferred Gifts/Planned Gifts

Also read about Tax-Free Access to IRA Assets

The Annual Fund has been called the "lifeblood" of an institution because it helps pay the annual operating expenses and current programs. The smaller a college's endowment, the more an institution must raise for operating funds each year to balance the budget. The 2007-08 Annual Fund goal is $850,000. Contributions to the Annual Fund are used for the following:

• General campus maintenance
• Technological Advancements
• Athletics and student recreation
• Student life programs
• Scholarships for deserving students
• Faculty and staff salaries
• Academic programs
• Teaching development
• Library expenses and purchases
• Other annual expenses

The Capital Fund supports major projects on campus. Usually Capital Fund gifts are designated to particular projects. MacMurray recently ran a $5 million capital campaign to build two new buildings on campus, the Putnam Center for the Arts and the William H. Springer Center for Music, and to upgrade the athletic facilities on campus.

Endowment Fund

The Endowment Fund reduces a college's dependence on the Annual Fund and helps balance the budget. Gifts given to the Endowment Fund are invested and the interest earned is used for annual expenses and special projects. An endowed gift can be unrestricted or restricted as to how the interest will be used. There are many naming opportunities available for endowment gifts to recognize an individual's commitment to the College or to establish a memorial for a family member. Following are some examples of endowment designations.

Named Book-a-Year	$1,000+
Named Award	$5,000+
Named General Scholarship	$10,000+
Named Lectureship	$50,000+
Named Merit Scholarship	$250,000+
Named Distinguished College Professorship	$500,000+

Deferred Gifts/Planned Gifts

Categories of deferred gifts are bequests, charitable trusts, annuities, and other long-term methods of financial planning. These methods of giving allow the donor to make the gift of a lifetime. A substantial portion of MacMurray's endowment has come from individuals who have remembered the College through their wills. But there are alternative ways to give (i.e., annuities) to assure financial stability for the donor while providing for the College at the same time. For additional information, please contact:

Jeff Coultas
217-479-7024
E-mail: jeff.coultas@mac.edu

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