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Establishing Scholarships and Endowments

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Establishing a scholarship or an endowment is an act of great generosity and vision.  Donors who decide to do so because they understand the importance of supporting the institution not only during their lifetime, but for generations to come.  Many donors chose to establish an endowed fund in order to honor a loved one or to memorialize an important figure in their life, ensuring that their name and generosity will forever be a guiding force in our institution’s success.

The endowment consists of funds given to the University that are invested in perpetuity. Endowed funds can be unrestricted, providing a resource that can be used to meet current university priorities and exciting new opportunities as they arise, or they can be designated for specific purposes, including scholarships and fellowships; professorships, academic research or programs and facility maintenance. A portion of the return is distributed to the university priorities and designated programs, while the remaining portion of the return is reinvested back into the principal for market growth. This allows for the endowment to provide both immediate funding and long-term financial support.

If you would like more information, please contact the Office of Development at (956) 882-4324 or  giving@utb.edu.

 

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