Annual Fund gifts provide support for current
operations, emergency needs and other special initiatives.
Restricted gifts are designed by the donor
for current use by a department or a program.
Memorial and Honorary gifts may be directed
to a program or project or used for current annual support; they are
welcomed and accepted in the same manner as all other gifts.
Major and Capital gifts are used for specific,
pre-determined college priorities and provide the donor with an opportunity
to permanently link a family or company name with the life and work
of Bunker Hill Community College.
Endowed gifts can be funded by a variety
of giving methods. Support can be directed to a current or newly endowed
fund in which the principal is invested in perpetuity and the earned
interest is used as the donor intends. Endowed gifts may be restricted
or unrestricted. A gift of at least $25,000 is necessary to establish
a new, named endowed fund. Income from unrestricted endowed gifts provides
flexible, annual support. The Foundation is responsible for the creation,
oversight and stewardship of all endowed accounts and will communicate
annually with the donor as to how the funds are used.
