Skip to content
SIClogobluehighres-white
  • Falcon Portal
  • Technical Support
  • Give to SIC
  • Request Information
  • Apply Now
  • About SIC
    • ABOUT SIC

      • About SIC
      • Mission Statement
      • Academic Calendar
      • SIC Viewbook
      • Directory
      • Administration
      • Institutional Effectiveness
      • President’s Welcome
      • Connect With SIC
    • BOARD OF TRUSTEES

      • Board of Trustees
      • Board Election Information
      • Board Minutes Archive
      • Board Policies
      • Contact the Board Chair
      • Public Notice
    • FACTS & HISTORY

      • Accountability
      • Facts and History
      • Financial Information
      • History
      • Legends and Lore
    • Maps & Directions

      • Maps & Directions
      • Extension Sites
      • Parking
      • District Map
  • Admissions
    • Admissions

      • Admissions
      • Transfer and Other Credit
      • Student ID Card
      • Parents Information
      • FERPA
      • Placement Testing
      • Recruiter Request
      • Future Students
      • High School Students
      • Why SIC?
  • Academics
    • Academics

      • Academic Calendar
      • Programs by Department
      • Program Curriculum Guides
      • Transfer Curriculum
      • Cooperative Agreements
      • University Partners
      • Adult Basic Education (GED)
      • Community Education
      • Library
      • Online Learning
      • Online Student Complaint Procedures
      • Faculty Handbook
      • Final Exam Schedule
    • Programs by Department

      • Applied Technology
      • Career and Technical Education
      • Humanities, Social Sciences, and Fine Arts
      • Math, Science, & Technology
      • Nursing and Allied Health
      • Workforce and Community Education
      • View All Programs by Department
      • Online Courses and Programs
  • Financial Aid
        • Financial Aid

          • Financial Aid
          • Cost of Attendance
          • Tuition & Payment
          • Student Loans
          • Student Worker Job Postings
        • Scholarships & Grants

          • Scholarships and Grants
          • Grants
          • SIC Scholarships
          • Fresh Start Scholarship
          • Foundation Scholarships
          • Outside Scholarships
        • Veteran Services

          • Veteran Services
          • Veteran Admissions
          • Federal Veteran Benefits
          • Illinois Veterans Benefits
          • Scholarships & Financial Aid
          • Resources
          • Tuition Assistance
        • Resources

          • Forms
          • Policies
          • Net Price Calculator
          • FAQ
          • Myths About Financial Aid
          • Don’t Get Scammed
  • Student Services
    • Student Services

      • Student Services
      • Academic Advising
      • Bookstore
      • Career Services
      • Disability Services
        • ADA Compliance
      • Fitness Center
      • Food Services
      • Illinois Worknet Center
      • Mental Health Wellness
      • Public Transportation
      • Records and Transcripts
      • Graduation
      • Housing Insecurity Aid
      • Recruiter Request
      • Voter Registration
      • Technology Services
      • Title III
      • Upward Bound
    • Student Success Center

      • Student Success Center
      • Perkins Services
      • Testing
      • Tutoring
    • TRiO Student Support Services

      • TRIO Student Support Services
      • What Is TRIO?
      • Program Eligibility
      • Program Services
      • Staff
      • Trio Events and Calendar
      • Student Resources
      • TRIO Director’s Page
    • Technology Services

      • Technology Services
      • Student Account Setup
      • Student Name Changes
      • Email Sync
      • Technology Policies
      • Office 365
      • O365 Account Transfer
      • Online Learning
      • Open Access Labs
      • Wireless Access
  • Campus Life
    • Athletics

      • Baseball
      • Men’s Basketball
      • Bowling Team
      • Golf
      • Women’s Softball
      • Volleyball
      • Official SIC Athletics Site
    • Competitive Teams

      • Falcon Archers
      • Clay Breakers
      • Falcons Faction of Gamers
      • Forensic Falcons
      • Model Illinois Government (MIG)
      • Phi Theta Kappa (Honor Society)
    • Activities, Clubs & Organizations

      • B.A.S.I.C. (Brothers and Sisters in Christ)
      • Circle K (Kiwanis) Club
      • SIC Community Chorus
      • SIC Community Jazz Band
      • SIC Concert Choir
      • Computer Organization
      • StrategIC
      • Diesel Technology Club
      • Math and Science Club
      • Nursing Club
      • Outfitter Wildlife Management Organization
      • Phi Theta Kappa (Honor Society)
      • Student Government
      • Theta Sigma Phi
      • Welding Organization
  • Community & Alumni
    • Community & Alumni

      • Community & Alumni
      • Alumni & Friends Association
      • Distinguished Alumni
      • Child Care at SIC
      • Community Education
      • Cosmetology Services
      • Children’s Activities
      • Ella Elizabeth Hise Museum of Regional Art
      • Outdoor Life at SIC
      • Small Business Development Center
      • Visual and Performance Art
    • SIC Foundation

      • SIC Foundation
      • Giving Levels
      • Giving Opportunities
      • Foundation Board
      • Donor Bill of Rights
      • SIC Foundation Strategic Plan
      • Privacy Policy
      • FAQ
      • Alumni & Friends Association
      • Distinguished Alumni
      • Contact Us
      • Community & Alumni
    • Give to SIC

      • Give to SIC
      • Giving Opportunities
        • A Gift of Life Insurance
        • A Bequest
        • Charitable Gift Annuity
        • Charitable Remainder Trust
        • Establish an Endowment
        • Estate & Planned Giving
        • Gift Acceptance Policy
        • Gift in Kind
        • Matching Gift
        • Memorial & Tribute Gift
        • Real Estate
        • Retirement Assets
      • FAQ
      • Give Now – Online Donation
      • Community & Alumni
  • Falcon Portal
  • Give to SIC
  • Technical Support
Apply Now
Request Info

SITE SEARCH

SIC>Give to SIC>Giving Opportunities>Establish an Endowment

Give to SIC

  • Give to SIC
  • Giving Opportunities
    • A Gift of Life Insurance
    • A Bequest
    • Charitable Gift Annuity
    • Charitable Remainder Trust
    • Establish an Endowment
    • Estate & Planned Giving
    • Gift Acceptance Policy
    • Gift in Kind
    • Matching Gift
    • Memorial & Tribute Gift
    • Real Estate
    • Retirement Assets
  • FAQ
  • Give Now – Online Donation
  • Community & Alumni

Establish an Endowment

What is an Endowment?

An endowment is an investment in the future of Southeastern Illinois College. When you use your charitable gift to establish an endowment, the gift is invested with two goals in mind: to provide spendable income for whatever specific purpose you have designated and to make the principal grow faster than inflation. The original principal (or gift) is never spent, and any investment return over allowed spending and fees is channeled back into the fund to keep it healthy and growing.

What Makes Endowed Giving Different From Annual Giving?

Simply put, annual giving helps support continual operations, while endowed giving creates the building blocks for long-term growth. Many donors who create endowments also participate in annual giving. Both types of giving are critical to the College's success, but an endowment is distinct and unique in its impact on SIC.

Your endowment will be set up in a separate account within the SIC Foundation to carry out the purpose specified in the gift agreement. Endowments are invested long-term in an investment pool overseen by the Investment Committee of the Board of Trustees. At least quarterly, endowments receive interest and market value adjustments based on the actual results of the investment pool, net of investment management fees.

What Can My Endowment Support?

What you choose for your endowment to support is entirely up to you. You may designate your gift for any purpose (including unrestricted) that betters the Southeastern Illinois College and that is acceptable to the College Administration and the SIC Foundation Board of Directors. Depending on what you intend your endowment to support, certain minimum endowment requirements apply.

Why Is A Fund Agreement Needed?

Whenever a gift is restricted by the donor to a particular purpose for which there is not an existing endowment, a fund agreement is created. A fund agreement ensures that the gift will always be used exactly as you intend. The agreement sets out your specific criteria for how the College will utilize your gift and, if you desire, includes background on why this gift is important to the College. The Foundation will assist you with drafting and understanding the fund agreement.

A fund agreement also enables your endowment to be invested and the investment return to be used towards the endowment's purpose. It also sets forth provisions for other requirements such as the support fee.

What Is The Support Fee?

The support fee is currently charged annually at a maximum rate of 1.5% of the endowment value. The support fee will be assessed only if there is sufficient investment return to first fund the following:
1. the spending allocation and
2. an inflation factor reinvested to provide for intergenerational growth.

How Will I Know How My Endowment Is Doing?

Knowing the benefit the College receives year after year as a result of your generous support is one of the keepsakes of the legacy you have created through your endowment. You can also contact the Foundation office (618-252-5400 Ext. 2104) and we can provide you with a current report on a real-time basis and the status of your endowment.

SIC Campus

Tour Southeastern Illinois College

Check out our virtual tour of campus to get an inside look at all that Southeastern Illinois College has to offer. Want to see it all in person? Contact us today to visit our campus.

Visit SIC
SIClogobluehighres-white
  • 3575 College Rd.
    Harrisburg, IL  62946

  • info@sic.edu

  • 618.252.5400 / 866.338.2742

  • Maps & Directions

  • Accountability
  • Catalog
  • Consumer Information
  • Emergency/Security
  • Mission Statement
  • Library Resources
  • Accreditation
  • Academic Calendar
  • Course Schedule
  • Bookstore
  • Employment
  • Directory
  • Facebook
  • Instagram
  • Twitter
  • Youtube
  • LinkedIn
Supporting Our Veterans

Succeed. Inspire. Connect.

Apply Now
Request Information
Jun 19, 2025 | 12:00 am - 11:59 pm
Juneteenth Holiday - College Closed
Jun 23, 2025 | 12:00 am - 11:59 pm
Second 5-week Summer Session Begins
Jun 26, 2025 | 12:00 am - 11:59 pm
Midterm for 8-week Summer Session
View All Events

© 2025 Southeastern Illinois College  |  Privacy Statement  |  Accreditation

Southeastern Illinois College