What is an endowment?
An endowment is a permanent gift that provides one of the most secure sources of future revenue. It is a gift to the Health Science Center that is permanently invested and a steady stream of annual income is created every year to support a specific activity or program of the donor’s choice.
Endowments can be established to support student scholarships, recruit and retain distinguished faculty, provide lectureships or support world-class research.
The minimum gift amount level to establish an endowment is $10,000. Endowments can be funded in a variety of ways. Donors may choose to fund the endowment in its entirety or endowments may be pledged and paid out over a period of time up to five years. For example, an endowment at the $50,000 level may be created in installments of $10,000 per year for five years. Endowments may also be created through gifts of stock, a charitable trust or through a bequest in an estate plan.
An endowment is often named to recognize the donor, or to celebrate a loved one, a mentor, a colleague or a treasured friend. It is a thoughtful gift that creates a legacy of remembrance for you and your loved ones and makes a lasting, meaningful difference in the lives of others.
For more information or help with wording to create an endowment, contact Senior Director of Gift Planning Kent Hamilton at 210-567-5001 or Hamiltonw@uthscsa.edu.
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