The “endowment” was created by donors making gifts in the past and the Board of Trustees’, chief among them Joe Rosenfield ’25, sustained commitment to leverage the gifts and investment to create security for Grinnell College. Gifts can be endowed, invested, and a small portion used according to the donors wishes. You can make gifts to the unrestricted endowment or explore options to endow funds, prizes, scholarships, and professorships.
Pioneer Fund gifts are current use gifts, and are needed to fulfill this year’s program commitments.
The Grinnell Magazine has an in depth article. http://www.grinnell.edu/offices/communications/magazine/fall-2011