Endowment gifts are long-term investments aimed at securing the success of the Health System for years to come. They support student scholarships, faculty professorships and other key programs.
How an Endowment Fund Works
The original gift made to an endowment fund is known as the principal. The principal can't be spent. Instead, a portion of the annual interest from the investment is used to fund programs. This means the gift makes an impact in perpetuity as it continues to generate income.
Endowed Giving Opportunities in Education
Funding a deanship, professorship or scholarship allows donors to make a lasting mark on the UVA Health System and its programs. These gifts bring with them the opportunity to pay lasting tribute to the donor or to honor a loved one, a friend or a colleague.