A perpetual source of strength.
Endowments produce a steady stream of funding for professorships to recruit and retain distinguished faculty; scholarships and fellowships to support deserving students; lectureships to bring distinguished speakers to Grounds; library acquisitions; and academic prizes to recognize outstanding students and faculty. The University’s unrestricted endowment generates vital funding for operations and enables the University to respond to important needs as they arise. Endowments must be funded at certain levels and may be designated for any school, department, or program at the University. They also may be named by the donor.