An endowment is meant to provide a perpetual source of income for scholarships, faculty and University programs for generations of Clemson students. When an endowment is established, your gift, the principal (or corpus), is invested long-term and a portion of the annual earnings are paid out to support the designated purpose for which the endowment was established. The goal is to ensure that the principal maintains its purchasing power over time to support future generations. As other sources of revenues such as state appropriations, grants and research sponsorship can be unpredictable, an endowment provides a consistent, reliable, perpetual source of income for programs and services that inspire and fund above-average achievement by students and faculty. The larger the endowment is, the greater the income that can be provided; therefore the more opportunities available for students, faculty and strategic University programs.