D.NR College Annual Fund
An annual fund is the money a nonprofit raises on an ongoing basis throughout the year. It's generally used to cover the costs associated with a nonprofit's day-to-day functions so it can stay up and running as it promotes other campaigns for specific projects and events.
An endowment fund is a permanent, self-sustaining source of funding. Endowment assets are invested. Each year, a portion of the value of the fund is paid out to support the fund’s purpose, and any earnings in excess of this distribution are used to build the fund’s market value.
Planned giving is sometimes referred to as gift planning or legacy giving. It is a way to support non-profits that enable philanthropic individuals to make larger gifts than they could make from ordinary income. Some planned gifts provide life-long income to donor.