What is an endowed gift?
An endowed gift is a gift that the University holds in perpetuity and does not spend. Endowed gifts are invested, and only a portion of the average annual investment return is used for the defined purpose(s) specified by the donor. Each gift designated as an endowment, therefore, is a source of permanent financial support and a donor who creates an endowed gift is assured that it will grow and continue to support the University of Illinois for generations to come. The endowment is invaluable because it provides a permanent and stable stream of revenues above those generated primarily from student tuition and fees. As our endowment grows, it will help ensure the strength and stability of our institution and better enable us to maintain our leadership position in education and research. On a personal note, creating an endowed fund allows you to put your name or the name of another person or organization on the endowment. In this way, donors may have their names, or the name of a loved on
