Most donations to annual giving come with no restrictions, thus permitting the School to use them where and as needed during the year they are received. Named funds and other designations allow you to direct your contributions to a specific area. Restricted gifts, unless otherwise noted, are also spent in the academic year they are made.
Commonwealth has several named scholarship funds. Contributing to one of these honors the person after whom it is named and helps the School live up to one of its core commitments-—enabling students to enroll without regard to their background or family circumstances.
The Pier Franco Paci Endowed Scholarship Fund, named in memory of the father of two Commonwealth alumni/ae, is an endowed fund; gifts to this fund add to the invested principal of the funds. Only the interest is spent each year.
You may prefer to earmark your gift for one or more special projects: scholarships, for example, or computer or sports equipment, or the arts.