Endowments are permanent funds in which the principal is held in perpetuity and only the investment income is expended annually (payout).
Endowment gifts provide long-term sources of funding for the University. Endowed funds support activities not just for one year, or even one generation, but forever. Endowment funds are invested prudently to ensure they can sustain current and future needs.
Benefits of Establishing an Endowment
- Serves as a permanent named tribute
- Provides for future generations
- Provides lasting stability for UA research, faculty and student support
Endowment Support Areas
- Faculty Chairs
- Student Scholarships
- Research Endowments