DONATE TO THE VILLANOVA SINGERS ENDOWMENT FUND (VSEF)
HOW THE ENDOWMENT WORKS
The principal amount accumulated in the VSEF will never be touched. The managed returns from the VSEF will be used to provide the Singers with annual distributions for Singers touring and defraying Legacy event costs – in perpetuity. This amount has been set at 5% per annum of the principal amount.
At the Legacy 2008 Saturday evening ensemble concert, President Father Peter Donahue announced that there had been an anonymous donation of $100,000 from a Singers alumnus, thus starting the evening halfway to the initial VSEF $200,000 goal. Before the end of 2010, we reached the initial goal of $200,000, and in Spring 2011 the VSEF funded its first weekend tour. The current endowment level will now fund one weekend tour per season, for every season to come!
The VSEF is governed by strict bylaws which prevent the University from re-allocating funds away from the Singers annual operating budget towards other programs. The usage of funds will be overseen by the VSEF Board of Trustees, who will recommend the annual distribution to the Singers for touring.
You will find a copy of the Singers Endowment Fund Charter here.
THREE WAYS TO DONATE
If you would like to make a donation to the VSEF, you have three options:
OPTION 1: Download the donation card by clicking HERE . Complete it and mail it with your credit card information or check to: Villanova University, Development Office, 800 Lancaster Avenue, Villanova, PA 19085-1673 (make your check payable to “Villanova Singers Endowment Fund”)
OPTION 2: Donate on-line in 3 easy steps:
1 Click here to access the Villanova secured donation page. On the Support Villanova page, click “Other Designations” box.2 Then click “Other Area” box.
3 Enter your donation amount and click “Submit Gift”. Where it states “Please enter where you would like to designate your gift” type “Villanova Singers Endowment Fund.”
OPTION 3: Set up automatic withdrawls from your bank account. You can give a little each month by setting up direct debit. Click HERE, print the form, fill it out, and fax it to the Villanova Development Office, c/o Susan McDonnell at 610 519-4984 (or scan, attach to an email, and send to firstname.lastname@example.org ).Also send a copy to your bank. The form directs your bank to begin an automatic direct debit of any amount on a bi-weekly, monthly, quarterly, semi-annual basis, or with each paycheck: whatever frequency and duration you desire.
Questions? Call 1-800-486-5244 and ask for Susan McDonnell or anyone in the VU Development Office.
Level 7 $ 10,000+
Level 6 $ 5,000- 9,999
Level 5 $ 2,500- 4,999
Level 4 $ 1,000- 2,499
Level 3 $ 500- 999
Level 2 $ 250- 499
Level 1 $ 1- 249
Anyone who donates will be recognized (unless you request otherwise) in the roll of donors, which will be periodically updated. Thanks to all those Brothers and supporters who have generously given the the Endowment to help ensure the Singers legacy will endure.
Donations as of 11 February 2020
Thanks to each of you for your generosity and support in funding Singers tours!
Total donations as of December 2019: ~
Principal: $ 340,000; Value: $391,223
See the summary of the VSEF investment as of 2017 here