Endowments are gifts that keep on giving. The funds are invested, and the earnings generated by the investment are used for the purpose the donor wishes.
Endowments may be established to support student scholarships and programs, faculty and their work, or specific programs that enhance education opportunities for our students.
A portion of the income may be re-invested each year, depending on the endowment’s annual earnings, enabling it to continue to grow and provide a predictable, stable stream of income for Schreiner University over time.
Donors may be recognized by having an endowment named for them, or may name the endowment to honor a family member, favorite professor, classmate, or anyone else they may wish to recognize.
A minimum gift of $25,000 is required to establish any named endowment. Minimum gift levels required to name specific endowments or to have a building, program or project named are listed below:
- Endowed Scholarship $25,000
- Endowed Undergraduate Research Grant $100,000
- Endowed Merit Scholarship $200,000
- Endowed Professorship $750,000
- Endowed Chair $1,500,000
Funds for Excellence and University Program Support
- Endowed Fund for Excellence $400,000
To name a building, structure, or room, 50 percent of actual cost for a new building, structure or room, or 50 percent of the estimated replacement cost for an existing building, structure, or room must be donated.
To name a university entity or program, funds sufficient to endow 50 percent of the annual budget for that entity or program must be donated.
Honorific naming will be considered for a person who has made an extraordinary contribution to Schreiner, but only by a 2/3 vote of the Board of Trustees.