An endowment is a permanent fund which earns annual interest income through the endowment pool of the University of Illinois Foundation. The income earned is then used for the purpose specified by the donor. Since the principle of the fund is never used, the endowment remains in perpetuity.

Endowments will be used to secure the infrastructure of our School by providing support for the faculty, students, and academic programs in perpetuity. There are many levels of endowed gifts that will assist the School in continuing to provide such support. Each of the endowments listed below is a named fund, which means the fund may be named as a legacy to the donor or as a memorial for whomever the donor wishes.

Types of Endowed Funds

• Endowed Faculty Chair (minimum gift: $800,000)
• Other Endowed Funds (minimum gift: $10,000)

Endowed Faculty Chair
An Endowed Faculty Chair fund allows the School to attract and retain faculty of proven brilliance. The income from the endowed fund may be used to provide full or partial salary support and much of the faculty's specific teaching and research expenses. An $800,0000 gift is necessary to establish an Endowed Faculty Chair.

Other Endowed Funds
An unlimited variety of other Endowed Funds may be established to support a wide range of donor interests. Gifts of this nature can contribute greatly to the future of the School in many diverse ways. Minimum gifts of $10,000 are needed to establish these types of Endowed Funds.

Campaign Funding Priorities

• Programmatic support ($3.5 M) - Funds help us provide support for new and innovative programs or to assist with existing programs at the school.
• Endowed faculty support ($1 M) - Funds will be used to attract and retain faculty distinguished for excellent teaching.
• Endowed Department Chair ($800,000) - An Endowed Faculty Chair will allow us to honor a distinguished faculty member for excellent teaching at the School.
  
  Endowed fund for gifted education development ($700,000)
  
  
  Total Campaign Goal
  $6,000,000