An endowment provides annual ongoing financial support for scholarships, faculty, and University programs for generations to come. When you create and fund an endowment, the principal (or corpus), is invested permanently in a diverse portfolio and a portion of the annual earnings are distributed to support only the purpose designated by the donor for which the endowment was created. The goal is to ensure that the fund maintains its purchasing power over time to support future generations.
As other sources of revenues such as state appropriations, grants, and research sponsorships can be unpredictable, an endowment provides a consistent, reliable, and perpetual source of income for programs and services that inspire and fund the academic endeavors on campus. The larger the endowment is, the greater the income that can be provided; and therefore, the more opportunities available for students, faculty, and University programs.
For more information about endowments visit: https://louisvillefoundation.org/endowment
The support from donors is critical to the continued excellence of the University of Louisville, its students, faculty, and staff. Visit give.louisville.edu to make a gift that will support education, research, and creative discoveries that have become the hallmark of UofL.
The University of Louisville Foundation is governed by a 22-member Board of Directors.
The University of Louisville Foundation is a registered 501(c)(3) charitable organization.
