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Create an Endowment
Leave a legacy! Of all the forms of private giving to higher education, endowments offer the most influential investment in the lives of future graduate students.
In an endowment fund, the principal is invested in perpetuity with a portion of the investment’s earnings spent according to the donor’s wishes. The remainder of the earnings return to the endowment to provide a growing, long-term source of funding. Endowments may be either restricted or unrestricted.
An endowment can be created through an outright gift, through a bequest in a will, or through a life income gift such as a charitable gift annuity or a charitable remainder trust. To minimize administrative costs, the minimum amount required to establish a permanent endowment account is $25,000. Lesser amounts are sometimes accepted.
What might a memorial or tribute fund? The Graduate College is the engine for a growing number of activities, including:
- fellowships and awards recognizing outstanding academic promise, pioneering research, interdisciplinarity, and mentoring
- individualized assistance in seeking external funding
- campus-wide orientations for new graduate students and teaching assistants
- the Image of Research, an annual exhibit co-sponsored by the Library to showcase graduate research fostering interdisciplinary dialog
- programs and workshops to encourage professional, academic, and personal development
- the PASSAGE Scholars Program, which prepares historically underrepresented students entering PhD programs in Science, Technology, Engineering, and Mathematics (STEM) disciplines -- the recipient of the 2012 Award for Innovation in Promoting Success in Graduate Education from the Council of Graduate Schools and the Educational Testing Service
- the Summer Research Opportunities Program (est. 1986) introduces underrepresented sophomores and juniors to one-on-one mentored academic research
- an extremely popular new course entitled “Foundations of College Teaching” (GC 593) to train graduate students to teach effectively
- the International Teaching Assistant program trains international graduate students to teach effectively, thereby ensuring undergraduate student success
More funding is crucial for sustaining and expanding our initiatives. You can help. For more information, contact the Graduate College’s Assistant Director for Interdisciplinary Programs and Development, Benn Williams, who is a fellow GC alumnus.