Each year, a portion of the value of the fund is paid out to support the fund’s purpose, and any earnings in excess of this distribution are used to build the fund’s market value. An endowment fund, over time, grows and provides support for its designated purpose in perpetuity. A donor can add to an endowed fund at any time, which increases the amount in the fund and the amount allocated in annual student fellowships. Furthermore, endowed funds exist in perpetuity and a donor receives annual reports on the fund recipients along with market growth.
|Donor Amount||Weitzman School Match||Total Gift|
Endowed Professorships and Center Directors
|Giving Opportunity||Donor Amount||Weitzman School Match||Total Gift|
|Assistant professor, presidential professor, professor of practice, center director||$1,000,000||$500,000||$1,500,000|
Target payout is 5% of total gift, future allocations based on University spending rule.