"The quality of education AUC has offered me is indescribable. The liberal arts system that AUC offers has made me think critically and examine what happens in society from a different angle. As for the extracurricular activities, they have helped me become more courageous, outgoing and have
allowed me to gain cultural diversity."
Reem Nabil Hashad '12, '14
The Importance of the Endowment
Gifts towards endowment are an investment in the long-term financial health of AUC. Only the income from the principal is expended in accordance with the University's spending rule. In this sense, the gift continues in perpetuity, helping to safeguard AUC’s tradition of excellence against changing economic climates. All endowed funds at AUC help the University fulfill its mission. Regardless of the reason for establishing an endowed fund, one thing is true for all donors: they continue to remain a part of the University. As long as their endowed fund exists at AUC, their legacy of philanthropy lives on, and the University’s financial security is enhanced.
Donors may choose to leave their fund unrestricted or direct their endowed fund to support a specific area of the University, such as professorships. Maintaining a superior faculty is a process requiring continuous attention, from the recruiting and nurturing of young talented teachers to the ongoing support of experienced professors. Endowed professorships honor the person for whom they are named while providing recognition and support for excellent educators. Continued endowment growth also supports ongoing research, helps AUC increase its state-of-the-art resources, provide more financial aid to deserving students, and provide excellent programs. Endowed gifts are a perfect idea for donors who want to make sure AUC continues to flourish.
Stewardship of Endowed Fund
The University actively manages its more than 100 endowed funds to ensure that donor requirements are met and that the assets of these funds grow. Donors and their designated contacts receive annual updates on their funds, including information on the value of the funds and illustrations of how income from the funds was spent during the fiscal year.
How to Make an Endowed Gift
Endowment opportunities include scholarships, professorships, and funds to support teaching, civic engagement and research. Gifts of cash or stock can establish an endowed fund. Pledges to complete funding may be made over several years. If a fund is established through a multi-year commitment, the terms of the pledge, including the timing of pledge payments and a confirmation of gift designation must be outlined in a gift agreement. A minimum of $50,000 is required to establish a new endowed fund at AUC.
Click here to choose from a list of endowment opportunities.
Click here for a list of current and endowed funds.