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Endowment Gifts

Endowed funds provide a lasting source of support for the University. A team of investment professionals carefully manages the funds to preserve and enhance the assets. Income from the assets is used to meet the needs of the University and for special purposes designated by donors.

Endowments produce a steady stream of funding for professorships to recruit and retain distinguished faculty; scholarships and fellowships to support deserving students; lectureships to bring distinguished speakers to Grounds; library acquisitions; and academic prizes to recognize outstanding students and faculty. The University’s unrestricted endowment generates vital funding for operations and enables the University to respond to important needs as they arise.

Types of Endowed Funds

Endowed funds must be funded at certain levels and may be designated for any school, department, or program at the University. They also may be named by the donor. There are several types of endowed funds.

University Endowments: Minimum Levels of Funding

  • Deanships: $5 Million
  • Professorships: $2 Million
  • Faculty Funds for Excellence: $1 Million
  • Named Research Fund: $500,000
  • Scholarships: $100,000
  • Graduate Fellowships: $100,000
  • Endowed Lectureships: $100,000
  • Unrestricted Funding, When and Where Needed: $100,000
  • Centers, Institutes, Departments, and Programs:
  • Library funds: $50,000
  • Memorial or Commemorative Endowed Gift Funds: $50,000
  • Prizes and Awards: $50,000