The Foundation receives and manages gifts in support of Sacramento State. Gift types include endowments, current use gifts and planned gifts. Donors can give gifts of cash, securities or real estate, which can be used to fund either an endowment or a current use account.
Current use gifts
Current use or expendable gifts cover a broad range of uses and are given with the expectation that they will be used in the near future. They also include the "annual funds" that provide discretionary support for departments and colleges on campus. Gifts can be restricted--where the donor specifies how the gift will be used--or unrestricted, where the beneficiary makes the determination.
Funds designated for endowments provide ongoing support. Endowments are made with the expectation that only the earnings on the principal will be used to meet the donor's philanthropic intent and that the funds will be invested to provide an income stream in perpetuity. Building the University's endowment will help secure continuous funding for students and faculty, enrich academic and campus programs, and encourage strategic planning.
The University Foundation also oversees planned gifts for those donors who wish to include the University in their estate plans.