The Audit and Finance Committee of the Executive Committee annually reviews the endowment earning distribution process calculated on a 12 quarter rolling average of the market value of the portfolio. The rate for fiscal 2004-2005, for instance, was
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A. You can contribute any gift amount to a pooled endowment fund. To create a named endowed scholarship a gift of at least $50,000 is required. Please contact the Office of Special Gifts and Scholarships at (619) 260-4510 for additional information.
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A. An endowed professorship is a distinction typically bestowed upon an existing faculty position. The holder’s salary and academic activities are supplemented by a portion of the annual earnings of the endowment. A distinguished professorship is
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Yes. We currently have more than 35 such funds in honor or in memory of an individual, or in the name of a group or organization. A list may be found below. Records are kept of all donations made to the named scholarship, and the person or family
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Broward College was the first community college in the nation to complete an endowed teaching chair capital campaign and the college’s program, now in its 19th year, is considered as a national model. The Broward College Endowed Teaching Chair
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Yes. A dean or director can identify non-endowed funds to be used to establish an endowment. The same $25,000 minimum applies, and once placed in the pool, funds cannot be withdrawn.
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Endowments provide a steady, consistent and permanent source of income. Endowed funds differ from others in that the total amount of the gift is invested. Each year, only a portion of the invested income earned is spent while the remainder adds to
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