Endowments ensure the College’s mission and provide support for current and future students.

An endowment is a sum of money that is carefully invested and managed by Hanover College to ensure that the donor’s long-term interests are met. There are different types of endowed funds and at different levels. The principal investment remains untouched, while the annual interest earned supports a variety of purposes, including student scholarships, lectureships and the like.

You can support this important initiative by establishing a named scholarship or you may designate an endowed fund to support a specific area of the college.

Because endowments are permanent funds that provide annual support in perpetuity, they are often chosen by donors who wish to establish a gift in honor, memory or celebration of a family member or friend. Many of Hanover’s privately funded scholarships bear the names of loved ones.