Endowments/Scholarships

 

Endowments offer a gift that keeps on giving.  The principal donation remains in perpetuity and may insure added funds.  The interest of endowed accounts is used to fund programs or scholarships.  Interest money is the only spendable income from an endowment.  The earnings are not usually spendable for day-to-day expenses.

Examples of Endowments are:

Endowed Scholarship	$25,000
Endowed Program Support Fund	$25,000
Endowed Presidential Scholarship	$50,000
Endowed Graduate Fellowship	$200,000
Endowed Professorship	$500,000
Endowed Chair	$1,5000,000

 

Donations for one-time scholarships are available as well.

 

Contact Beth Smith at bsmith01@uab.edu or (205) 996-9793 for more information.