Endowed Gifts

Your Gift Can Last Forever

An endowment gift to University of Detroit Mercy today provides a brighter picture for our future. When you make a donation to an 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 Detroit Mercy. The remaining funds are reinvested to ensure indefinite support.

An Example of How It Works

Couple Smiling Longtime University of Detroit Mercy supporters Charlie and Susan have two goals: First, they want to make sure Detroit Mercy continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.

Charlie and Susan make a $25,000 donation to Detroit Mercy, 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 Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.

Fund Your Donation With:

Next Steps

Contact Teri Carroll at (313) 993-1262 or carroltl@udmercy.edu to discuss endowed gifts.
Seek the advice of your financial or legal advisor.
If you include Detroit Mercy in your plans, please use our legal name and federal tax ID.

Legal name: University of Detroit Mercy
Address: 4001 W. McNichols Road, Detroit, MI 48221-3038
Federal tax ID number: 38-1360586

Start Paying It Forward

View and download your FREE copy of Endowments: A Never-Ending Legacy.