- Contact Scott Park at 309-341-7459 or email@example.com to discuss endowed gifts.
- Seek the advice of your financial or legal advisor.
- If you include Knox in your plans, please use our legal name and federal tax ID.
Legal Name: Knox College
Address: 2 East South Street Galesburg, IL 61401
Federal Tax ID Number: 37-0673513
Your Gift Can Last Forever
An endowment gift to Knox College today provides a brighter picture for our future. When you make a donation to our 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 Knox. The remaining funds are reinvested to ensure indefinite support.
An Example of How It Works
Longtime supporters Susan and Charlie have two goals: First, they want to make sure Knox 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 Knox, 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.