Our University relies on our alumni and friends to provide for
long-term needs. The future of Saint Francis depends upon endowment
contributions -- funds that will continue to generate income year after
year -- making sure that educational opportunities and vital programs
will remain in place for future generations of Saint Francis students.
Planned gifts can be a wonderful way to help the University increase our
A gift to the endowment fund is a gift to Saint Francis University's future. This money is the principal in the University's investment portfolio that continues to generate income, supporting future generations of students. Only a calculated portion of the interest is used by the University, ensuring that the principal will continue to work indefinitely. The University's investment policies are structured to allow the University to satisfy donor goals and to generate sufficient interest over time to grow the principal, keeping pace with inflation. A pledge may be accepted for the establishment of a named endowment.
View the amounts required to create an endowment in the "Naming Opportunities" tab below.
The University’s commitment to excellence begins with the faculty.
The addition of faculty chairs will help build a faculty of distinction,
encourage scholarship and research and enhance the teaching process. A
percentage of the income from this fund may be used to subsidize the
salary needed to attract a new faculty member or sustain an existing
faculty member. Additionally, funds may be used to support programming
and scholarship associated with a department.
Each endowed chair
may be named in honor of the donor of the capital fund or in honor of a
person designated by the donor. Each named endowed chair will be
authorized by the University’s Board of Trustees and described in the
University catalog. The recommended minimum amount to endow a chair at
Saint Francis University is $2,000,000.
This endowment is intended to enhance salary and operational budgets
of various academic departments. The additional funds generated by the
endowment will allow the University to maintain and attract key faculty.
professorship may be named in honor of the donor or in honor of a
person designated by the donor. The recommended minimum is $1,500,000.
The purpose of this fund is to generate income to supplement faculty
salaries in any academic area. These funds may be used in any area
designated by the President. The recommended minimum is $250,000.
As Saint Francis continues to enhance its graduate degree programs,
it will be beneficial to provide fellowships to assist graduate students
in their education. These fellowships may vary in amounts in accordance
with different programs. The recommended minimum is $100,000.
As the cost of higher education continues to increase, students are
constantly in need of more scholarship assistance. Income generated from
named scholarship endowments will help Saint Francis meet this need.
The use of endowment income may be designated in accordance with the
donor’s wishes with the approval of the University. However, it is
recommended that the uses of all scholarship funds remain flexible so
that the University scholarship committee can award funds to the most
deserving students. The recommended minimum is $50,000.
These fund are designated to particular areas of need according to
the donor’s wishes and the approval of the University. The recommended
minimum is $25,000.
The student scholarship will be funded on an annual basis and awarded
according to an understanding between the University and the donor. The
recommended minimum is $2,500 annually for at least four years.
Saint Francis University is willing to work with prospective donors
on the terms and conditions of other restricted or unrestricted
endowment funds, provided they support traditional academic activities
or functions and are large enough to yield a meaningful annual income.
Many individuals, corporations, and groups appreciate the
significance of establishing memorials and recognition opportunities to
honor persons or organizations in perpetuity. These situations include
the naming of buildings, classrooms, laboratories and other projects.
The Saint Francis University policy, approved by the Board of
Trustees, is very specific regarding amounts and terms associated with
the naming of buildings and other major physical structures or
facilities on campus. The University office of advancement will work
with donors to define issues and reach agreements.
Endowed Chairs serve multiple needs at Saint Francis University
including maintaining a faculty of distinction, encouraging scholarship
among faculty and students, providing for visiting lecturers, granting
financial aid to students, and generally enhancing scholarship and the
Established in 2001 by Saint Francis University alumni, Joseph ’58
and Marguerite (Scharpf) ’60 DiSepio, the endowment is committed to
raising the level of excellence within the computer science department.
The endowment funds faculty development, a distinguished lecture series,
student internship programs and research and practices in the field of
security and information assurance.
Established in 2006 by Saint Francis alumni John S. ’64 and Sheila
(Widmer) ’65 Connors, the endowment is named in honor of Dr. Albert
Zanzuccki, professor emeritus and former chairman of the business
administration department. The endowment is used to attract outstanding
senior scholars and recognized business leaders to lecture and teach at
the University, honor a distinguished Saint Francis faculty member, fund
faculty and student research programs and other purposes as advised by a
Established in 2013 by Saint Francis alumni Louis P. DiCerbo '59, the
endowment is named in honor of University President, Fr. Gabriel J.
Zeis, T.O.R. The endowment is used to attract national Franciscan and
Roman Catholic scholars to the University, develop a
professor-in-residence program and offer workshops. Each year the
University will recognize a male and female who shows act of charity,
love, and care for all of creation, along with service to the needy.
This endowment will encourage all of us to live the type of lives that
exemplify characteristics of St. Francis, St. Clare and Dorothy Day.
Financial aid packages for Saint Francis students consist of
scholarships granted by generous alumni and friends of the University.
Keeping Saint Francis affordable to students is a top priority. Endowed
scholarships are a permanent solution to the financial aid dilemma.
Saint Francis presently offers 125 endowed scholarships and the income
from those scholarships helped 195 students this year.
Donors may create a named endowed scholarship fund in memory or honor
of a friend or loved one or leave a legacy with their name that will
become a permanent addition to the Saint Francis University endowment.
Donors of endowed funds are provided with annual financial reports on
their funds and a description of the activities, students, and programs
A number of named scholarships and awards are granted to entering
students according to established guidelines. In order to apply for the
endowed scholarships, students must complete the Saint Francis
University Application for Admission and be accepted to the institution.
Students must also complete the Free Application for Federal Student
Aid (FAFSA) annually. No further action is needed. The Office of
Financial Aid and the Office of Admissions form a committee to determine
eligible recipients for endowed scholarships. When students are
selected for an endowed scholarship, they will be contacted by the
Office of Financial Aid and the Office of Advancement. Click to view the
endowed scholarships available.
For more information on Endowed Scholarships, please contact:Robert J. CruscielVice President for Advancement (814) 472-3021
Planned giving is the practice of making charitable gifts which are structured and integrate sound personal, financial and estate planning concepts with the donor's plans for lifetime and/or testamentary giving. Planned gifts are a way for individuals with various financial circumstances to make charitable gifts to Saint Francis, while continuing to meet current income needs and taking advantage of incentives available under current tax laws.
The 1847 Legacy Society recognizes the enduring value of education. It celebrates the vision of the founding friars who laid the foundation for what is now Saint Francis University. Life those founders, donors who support the University through bequests, charitable gift annuities, charitable trusts, life insurance, and other planned vehicles, are building a foundation for future generations. Legacy Society gifts help the University fulfill its promise of a high-quality education grounded in our Franciscan values.
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