How is my Gift Spent?
The goal of the Grambling Black & Gold Foundation is to maximize the value delivered to the University. By reducing administrative expenses wherever possible and optimizing organizational efficiencies, the GBG Foundation is able to transfer to the University hundreds of thousands (millions) each year.
Many donors make gifts for discretionary (i.e., unrestricted or greatest need) use, thus enabling the University president and other campus executives and deans to invest in programs and priorities of strategic importance to the University’s future.
Many gifts are made to support specific programs while other gifts
are used to establish permanent endowed funds. In the case of endowments,
the gift is permanently invested, and the investment earnings are used
to support the purpose of the gift in perpetuity.
Each gift received by the Foundation – regardless of the purpose
or amount – is carefully processed to ensure that the donor’s
wishes are honored and that the University receives the maximum benefit.
The Foundation takes very seriously its role as steward of these critically important gift funds. Learn more about our financials.
Additional Information:
Earning Your Trust
What is an Endowment?
