Sustainer, or continuous, payroll deduction pledges are created as ongoing deductions. The deductions last for as long as the faculty or staff member is employed at the university, or until University Development is notified to end the deduction. Sustainer donors are always counted as current donors for the annual Faculty & Staff Campaign.
Regular Payroll Deduction pledges are made annually for a number of pay periods chosen by the donor (between 1 and 24 pay periods).
The university has an investment committee made up of administrators, board members, and financial representatives who set the policy, the direction, and the investment parameters for the endowed funds.
Gifts that are given by a non-retired faculty or staff member, or their spouse, to an endowed fund at Grand Valley State University qualify for the match. The gifts of adjunct employees are not matched. This may be a cash gift, payroll deduction or a transfer of another asset.
The funds to cover the match come from unrestricted endowed funds and earnings from unrestricted endowed funds already at the university. The university is matching your gift to a restricted endowment of your choosing, with unrestricted endowment funds.
By this program, the university is enabling its stakeholders, Grand Valley faculty and staff and their families, to direct where the university funds should be allocated and encouraging a culture of philanthropy.
For more information on initiating a scholarship or making a planned gift, or for questions about the faculty and staff campaign, please contact Jarrett Martus at (616) 331-5578 or firstname.lastname@example.org.