A strong permanent endowment is the most important guarantee of Newman's long-term excellence. Generation after generation, these funds ensure that students have the capability and resources to reach their full potential and "transform society".
An endowed gift cements a donor's life-long relationship with Newman. Endowed funds are invested by the university to generate annual income in perpetuity for the purpose you specify. Endowment funds may be established to support an academic program, scholarships, campus ministry or an area of interest that is most personally meaningful to you.
Endowments may be named after the donor, or in honor of a loved one, and are often fulfilled through a multi-year commitment. Donors may create an endowed fund now, through an outright gift, or in the future, through a bequest or life income gift.
For more information on how you can invest in the future of Newman University, please contact:
Bob Beumer
Vice President for Institutional Advancement
Office: 316-942-4291 Ext: 2471
Email: [email protected]
Types of Endowments
For both types of endowments, restricted and unrestricted, the university secures the principal of your fund while the interest earned is used in different ways depending on the type of endowment.
Restricted
- The principal of your fund is invested and secured by Newman University.
- The interest earned from your fund is allocated to an endowment fund of your choosing. For example, you may choose to create a new endowment scholarship to honor a loved one.
Unrestricted
- The principal of your fund is invested and secured by Newman University.
- The interest earned from your fund is used by Newman University to do many great things such as building renovations, state-of-the-art technology, and much more.