What is the Villanova Endowment?
The Villanova Endowment is a restricted fund which provides an income stream for specific projects such as merit-based or need-based student scholarships. All contributions to the endowment are placed to work in a variety of investments where the principal remains intact and only the interest income is utilized to support the school. Interest earned from the fund will provide assistance to meet the needs of students who would not otherwise be able to afford a Villanova Preparatory School education.
How can I give to the Endowment Fund?
Gifts may be added to this fund through:
- A donation, given at anytime
- Bequests (a designation in one's will or living trust)
- Life insurance proceeds (either through beneficiary designation or through a gift of the policy itself)
- Assignment of certificates of deposit
- Transfers of property such as cash, stocks, bonds, and real estate
- Memorial gifts in the name of a family member or friend
- Charitable gift annuity remainders
- Charitable remainder trust remainders
- Beneficiary designation in an IRA or another retirement plan
How is the Villanova Endowment managed?
The Board of Directors is responsible for all endowment investment and distribution policies and to ensure that these policies comply with the laws of the State of California. The Endowment Fund Committee of the Board of Directors is responsible for making all investment decisions in accordance with these policies.
You may also wish to establish your own named scholarship. Click on Establish a Scholarship for further information and call the Development Office at (805) 646-1464 ext 127.
"You may deduct charitable contributions of money or property made to qualified organizations if you itemize your deductions." (IRS Publication 78) Villanova Prep is a qualified organization and has 501(c)(3) tax-exempt status. ID#95-1641972
Contributions to the school are fully tax deductible for the tax year in which the contribution is made.