Endowment
A Gift for Generations to Grow
With your gift of $25,000 or more, you can create an endowed a scholarship or endowed fund. Pay it forward to future generations. Provide long-term sustaining support to your favorite department, capital project, or program.
Make a one-time lump sum gift or pledge up to 5 years.
花椒直播 manages over 215 endowed scholarships and funds. Endowed gifts are invested, with interest income used to support criteria you chose. This means that the principal gift continues to grow over time and generates a steady, reliable source of income in perpetuity.
Contact Director of Advancement Kylie Adams at kylie.adams@stmary.edu or 913-758-6219.
Endowment Reports
Those who establish an endowed scholarship or endowed fund receive a report each year providing financial performance for the fiscal year ending June 30. The report provides the market value of your fund at the start and end of the fiscal year along with distribution information. Included is the endowment rate of return.
Endowment Spending Policy
The spending policy determines the payout amount distributed from the endowment to support its designated purposes. USM鈥檚 payout is governed by a five percent spending policy that considers both the long-term and short-term needs of the university. The payout is five percent of the average of the total endowment market value for 13 rolling quarters. This stewardship of the endowment enables USM to meet its obligations to financially grow the endowment while ensuring support to student scholarships, academics, and capital infrastructure over the long term. The University Board of Trustees Finance and Investment Committee reviews and approves the spending rate policy on an annual basis.
Contact a Gift Officer
Kylie Adams
Director of AdvancementKylie.Adams@stmary.edu
913-758-6219
Have Questions? Contact Us.
University Advancement
alumni@stmary.edu
913-758-4328
Have Questions? Contact Us.
University Advancement
alumni@stmary.edu
913-758-4328