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An endowment is a fund created with gifts received from a donor with the restriction that the principal is not expendable. The gifts are invested in perpetuity and only the distributions are expended for the purposes designated by the donor.
$10,000. You may take up to five years to establish an endowment. Endowments may be funded with at least 20 percent of the funding total (e.g., for a $10,000 endowment, $2,000 must be received) and a signed endowment agreement. For more information regarding establishing an endowment at the UT System, contact Chandra McTyre at (512) 579-5059.
A bequest is a gift that is transferred by will. For more information about making a bequest to the UT System or about other planned giving opportunities at the UT System, contact Jan Hopson (512) 499-4320.
For more information, please contact us at (512) 499-4777 or email@example.com.