Endowed Gifts

Your Gift Can Last Forever

An endowment gift to Wayne State University today provides a brighter picture for our future. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.

Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at Wayne State. The remaining funds are reinvested to ensure indefinite support.

Start Paying It Forward

View and download your FREE copy of Endowments: A Never-Ending Legacy.

An Example of How It Works

Couple Smiling Longtime Wayne State University supporters Charlie and Susan have two goals: First, they want to make sure Wayne State continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.

Charlie and Susan make a $25,000 donation to Wayne State, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.

Personal Estate Planning Kit

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Next Steps

  1. Contact the Office of Planned Giving at (313) 577-6481 or PlannedGifts@wayne.edu to discuss endowed gifts.
  2. Seek the advice of your financial or legal advisor.
  3. If you include Wayne State in your plans, please use our legal name and federal tax ID.

Legal name: Wayne State University
Address: 5475 Woodward Ave., Detroit, MI 48202
Federal tax ID number: 38-6028429