|
franklincollege.edu
|
0 earned Badges No badges were found
Definitions (26)
1 |
0
0
Annuity
A sum of money payable yearly or at other regular intervals.
Meaning awaits approval from a moderator |
2 |
0
0
Beneficiary
An individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan.
Meaning awaits approval from a moderator |
3 |
0
0
Bequest
The process of giving assets to a beneficiary through a will or revocable trust.
Meaning awaits approval from a moderator |
4 |
0
0
CAPITAL CAMPAIGN
An organized, intensive fundraising effort on the part of an institution or organization to secure extraordinary gifts and pledges for a specific purpose during a specified period of time.
Meaning awaits approval from a moderator |
5 |
0
0
Cash
Your outright gift of cash, either in full or on a pledge payment plan, will provide you with an income tax deduction based on current tax laws and the amount of your income. Please make your check pa [..]
Meaning awaits approval from a moderator |
6 |
0
0
Charitable Gift Annuity
An arrangement whereby the donor makes a gift to charity and receives back a guaranteed lifetime (or joint lifetime) income based on the age(s) or the annuitant(s).
Meaning awaits approval from a moderator |
7 |
0
0
donor
An alumnus/a or friend who has made a gift to Franklin College.
Meaning awaits approval from a moderator |
8 |
0
0
endowed chair
An endowed chair is a faculty position supported by an endowment fund established for that specific purpose. The income from that endowment provides financial support for teaching, research and servic [..]
Meaning awaits approval from a moderator |
9 |
0
0
Endowment
Funds invested in perpetuity to produce income to be distributed for pre-determined purposes according to the endowment distribution policy. Funds deposited in an endowment are not expendable; they ar [..]
Meaning awaits approval from a moderator |
10 |
0
0
Expendable Funds
Funds that can be spent in their entirety in a manner consistent with the intentions of the donor; funds not deposited in an endowment fund.
Meaning awaits approval from a moderator |
To view all 26 definitions, please sign in.