Endowment Funds
Establishing an endowment fund at Case is a
permanent, lasting way to remember a particular phase of our education
that influenced our lives. Perhaps a special teacher, a scholarship
award, a department activity, a research project or a dean had
a profound effect on your goals and accomplishments. Endowment
funds are also meaningful ways to honor or memorialize family members
and friends.
Regardless of your reason for establishing an
endowment, these funds are donated assets held by the university
in perpetuity and invested to generate income to be spent for purposes
designated by the donors.
Visit the Endowment
Gift Opportunity Guidelines page to learn the minimum amounts
required to establish varying types of endowment funds.
Frequently Asked Questions
How are endowment funds established?
Donors establish endowment funds in three ways:
- A gift while living
- A life income gift
- A gift in one's will
The life income gift is held in trust to produce
income for a donor-designated beneficiary over his or her lifetime
or a term of years. At maturity, the life income gift is converted
to a family-named endowment fund.
How do endowment funds grow?
The value of the university's endowment funds
are constantly changing. Income is earned, additional gifts are
made, the value of assets appreciate over time and income is spent
for donor-designated purposes.
How is endowment fund income generated?
The university's endowment is managed for long-term total investment return. Investment policy calls for broadly diversified asset allocation that supports reduced risk and superior performance versus benchmarks and peers through varying economic and financial market conditions.
The Chief Investment Officer and a professional staff in the Office of Treasury and Investment Services manage the investment of endowment assets. Investment policy and results are overseen by the Investment Committee of the University's Board of Trustees.
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