4. Upgrading the Computer Technology Infrastructure
An Annual Gift of $11,000 for Five Years or
A Contribution to Establish a $275,000 Endowment Fund
With the generosity of donors over recent years, the offices and labs of the faculty, staff and students have been outfitted with desktop computers – some of which are Pentium I and Pentium II machines in need of being upgraded. This funding proposal is designed to replace the Pentium I computers and some of the Pentium II computers as well as providing laser printers for the offices of the Deans and Department Chairpersons.
Option A
Option B
Annual Gift of $11,000 per year for Five Years
(Providing a total of $55,000 over five years)
Endowment Gift of $275,000
(Providing $11,000 for Annual Expenditures in Perpetuity)
$10,800 allocated annually for 5 years to upgrade 12 Computers per year
$10,800 allocated annually each year in perpetuity to upgrade 12 Computers per year
$200 allocated annually for 5 years to upgrade 1 Printer per year
$200 allocated annually each and every year in perpetuity to upgrade 1 Printer per year