Establishing a New Endowment
To establish a new endowment, donors should contact the Director of Legacy Giving to identify and discuss the kind, level, purpose and terms of the endowed fund and complete The Endowment Proposal Form. It will be their privilege to name the fund and designate what it supports: professorship, lectureship, scholarship, a specific program or annual giving to support the University’s mission. The Foundation’s Board will then officially approve the creation of the new endowment, and the parties (the donor, the Foundation and UCU ) will review and sign an endowment agreement.
The fund can be paid for with outright gifts (through cash, stock, annuities, donor-advised funds), over a one to five-year period, or with a legacy gift (through a bequest in a living trust or a will, or a beneficiary designation of assets).
The UCU Foundation Investment Committee, composed of investment professionals, oversees the management and performance of the UCU Foundation Endowment.
UCU Foundation manages a $13M endowment that consists of almost 60 named funds. New endowments are established and managed in accordance with UCU Foundation Endowment Fund Guidelines and The Investment Policy Statement. Each new endowment becomes part of the UCU Foundation Endowment Portfolio but preserves its identity and is administered and accounted for in accordance with the endowment agreement.
By creating an endowment, you will become a valued member of the Benefactor’s Circle.