| Support
Opportunities
The
Texas A&M Foundation makes
two types of donations possible to support The Agricultural and Natural
Resources Policy Congressional Internship Program: endowed and non-endowed. Endowments
are permanent gifts that are invested in-perpetuity. There is a $25,000
minimum donation or pledge (payable over a 5 year period) to create
an endowment. The annual pay-out from an endowment is approximately
5% of the market value of the endowment. Any investment growth and/or
income greater than the 5% pay-out is placed back into the principal
of an endowment, hedging for inflation and unfavorable market conditions.
The original principal of the endowment is never used for pay-out. An
endowment is likely to grow over time, therefore the payout from the
endowment will also grow over time.
An
endowment of $7,000 would support three internships per year, funding
one student each semester continuously for the life of the program.
To establish an endowment that yields $7,000, a gift of $140,000 would
be required based on the 5% endowment pay-out.
Non-Endowed
gifts are donations that are used in the year in which they are donated
to sponsor one or more students interning in Washington. Any non-endowed
gift, regardless of amount, is welcomed and appreciated.
To
support one student for one year, or three semesters, a $7,000 gift
is required. Fall and Spring interns receive a $2500 scholarship and
Summer students receive a $2,000 scholarship. A $7,000 gift will support
a Fall, Summer, and Spring student or will provide partial scholarship
support for our interns.
Gifts of cash, appreciated stock, or appreciated real estate can be
accepted for both endowed and non-endowed gifts.
For
more information
on making a contribution to The Agricultural and Natural Resources Policy
Congressional Internship Program, contact Cady Auckerman at 979/847-9066
or e-mail cady@tamu.edu or visit
the Texas A&M Foundation
website.
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