Endowed
Funds
Gifts
made to the FHSU Foundation's endowment play a special role
in ensuring the university’s strong
future. Because only the allocated earnings are used for
the designated purpose, the fund’s principal remains
intact in perpetuity. Endowed gifts provide current as well
as future support for the university. Each
Foundation fund is named and used in accordance with the
donor’s wishes.
The FHSU Foundation's assets were valued at $50 million
on June 30, 2007. The Foundation assets are managed by the
FHSU Foundation Investment Committee, in consultation with
a professional fund manager.
When a donor designates an endowed gift, the FHSU Foundation creates a separate
fund to hold that gift. This initial gift, along with any future contributions,
will be added to the fund's principal.
The minimum investment varies depending on the fund’s purpose (see below).
| Co-Curricular Programs |
$10,000 |
| Scholarships |
$10,000 |
| Graduate Assistantships or Fellowships |
$100,000 |
| Distinguished Professorships |
$250,000 |
| Chairs |
$500,000 |
|