Endowment funding
Endowment fundingAn endowment is a permanent gift that is invested for the long term to provide sustainable financial support for the university. The gifted funds yield investment returns based on global market conditions and provide an annual payout, which is determined by the investment committee, to support the donor’s designated use.
Our Annual Report provides useful information about where we stand, and where we’re heading next, including detailed insights into our institutional achievements, financials, and strategic outlook.
- Scholarships and graduate fellowship €50.000+
- Faculty chairs, professorships and research fellowships €150.000 p.a.
- Research programs, centers, and institutes tbd
- Colleges, schools and academic departments tbd
Here are some fundamentals of the endowment process:
- An endowment is a gift of assets that is strategically converted by the CU (CERG Foundation Endowment Fund) Endowment Fund into long-term investments to provide sustainable, long-term financial support.
- Each year a portion of the market value from an endowment is transferred into a spending account, making it available to the university beneficiary you designate.
- Only the earned returns on an endowment are spent; the principal remains intact, yielding benefits to the university in perpetuity.
- Endowment donors receive personalized reports on their investments each year, describing the financial performance of their gift, how their endowment enhances the foundation’s investments and how the gift continues to make a difference at CU.
An endowment is an essential pillar for the long-term financial stability of CU as a private and still young university. Endowment allows CU to work on programs that go beyond the basic, propelling a university from good to great by supporting programs worthy of national and international attention.
An endowment allows CU to:
- Offer more scholarships for deserving students.
- Attract and retain distinguished faculty and researchers.
- Carry on research that advances learning, solves problems and improves our world.
You. As an endowment donor, you can designate a CU school, college, institute, scholarship or program to benefit from your generosity. That beneficiary will spend the annual payout in a manner consistent with your intent when you establish your gift.
You have flexibility in how you establish an endowment: with an outright gift, a pledge or an advised bequest. But depending on the purpose of the endowment, CU has established guidelines for minimum gift amounts that will ensure the annual investment payout is sufficient to support the intended programs. A general endowment can be established with a minimum gift of €50.000. Scholarships, fellowships, faculty professorships and chairs, and other program-specific endowments have higher minimum gift requirements.
Of course! You or others may continue to support the endowment through additional contributions.
An endowment is established through a formal gift agreement executed between the donor and the CU Foundation (CERG). This agreement documents the donor’s spirit and intent in establishing the fund, the purpose of the endowment, administrative instructions, and specific criteria or other instructions to the CU beneficiary. If the donor is funding the endowment with an estate gift, the donor may also sign a statement of testamentary provision.
We look forward to hearing from you!
We feel a personal connection to our donors and sponsors and are happy to show them our campus life at exclusive events and in personal meetings.
Telephone: 0421 200 4235
Email: cspieker@constructor.university
Telephone: 0421 200 4237
Email: cwilkens@constructor.university