The Eastern Fund provides unrestricted support to the University from alumni, parents, friends, and others. These gifts can be one-time or recurring and provide the most flexibility to the University.
Annual giving is the act of alumni, parents, friends, organizations, and students consistently making one or more gifts to Eastern during each fiscal, or academic, year. Because our goal is to increase giving percentage, as well as total gift amounts, all designations are available and encouraged for alumni, parents, and friends support.
The funds allow donors to designate gifts to the faculty, staff, and students of any of Eastern's outstanding programs.
A donor advised fund (DAF) is a charitable giving vehicle that allows you to make a tax-deductible donation today and then recommend gifts (known as grants) to charities from the fund over time. Not only do contributions have immediate tax benefits, they also grow tax-free in the account to provide greater impact. Giving to Eastern University through a DAF is a convenient and tax-efficient way to facilitate your charitable giving and support the mission of Eastern University.
Endowed funds differ from others in that they are truly the gift that keeps giving. Instead of the entire amount of the gift being spent outright, the total amount of the gift is invested. Each year, only a portion of the invested income earned is spent while the remainder is added to the original principal. An endowment is a perpetual gift because only the interest is used to support the University while the principle continuously grows. Always equated with excellence and long-term strength, endowments are absolutely essential if we are to remain a leader in education and in the Philadelphia area and around the world. Please consider creating an endowment for Eastern University. It is a great way to link your legacy with our future forever.
A planned gift is a charitable donation arranged in the present and designated to be disbursed at a future date, often as part of an estate plan or will. This type of giving allows donors to contribute to a nonprofit in a way that maximizes the gift's impact and often offers significant tax benefits to the donor. Planned gifts can include bequests, trusts, annuities, gifts of real estate, and even tax-deferred retirement assets that provide a lasting legacy to the causes the donor cares deeply about.
The average percent of undergraduate alumni on record who donate money to the college or university. The alumni giving rate is calculated by dividing the number of appropriate donors during a given academic year by the number of appropriate alumni of record for that year. The percent of alumni giving serves as a proxy for how satisfied students are with the school.