Endowed Gifts

Your Gift Can Last Forever

An endowment gift to NOVA Foundation today provides a brighter picture for our future. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.

Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at NOVA Foundation. The remaining funds are reinvested to ensure indefinite support.

An Example of How It Works

Couple Smiling Longtime NOVA Foundation supporters Susan and Charlie have two goals: First, they want to make sure NOVA Foundation continues to receive support after they're gone. Second, they want to memorialize Charlie's parents, Mr. and Mrs. Jones.

Susan and Charlie make a $25,000 donation to NOVA Foundation, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of the Joneses. Plus, Susan and Charlie qualify for a federal income tax charitable deduction on their taxes.

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Next Steps

  1. Contact Kelly L. Persons at 703-323-3023 or kpersons@nvcc.edu to discuss endowed gifts.
  2. Seek the advice of your financial or legal advisor.
  3. If you include NOVA Foundation in your plans, please use our legal name and federal tax ID.

Legal name: Northern Virginia Community College Educational Foundation
Address: 4001 Wakefield Chapel Road, Annandale, VA 22003
Federal tax ID number: 51-0249730

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View and download your FREE copy of Endowments: A Never-Ending Legacy.

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Personal Estate Planning Kit

Our Top Free Resource

This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!

Download My Kit