Ohio University's endowment is an aggregation of assets invested by the University to support its educational mission, in perpetuity. An endowment allows donors to transfer their private dollars to public purposes with the assurance that their gifts will serve these purposes for as long as the institution continues to exist.
Endowments serve institutions and the public by providing stability over time - the principal of the gift is not spent, while endowments generate earnings year after year that can be spent. This spending allocation can enhance financial aid and scholarship packages; encourage research and creative activity; and inspire program innovation. Endowment gifts keep on giving.
When you make a gift to an existing endowment at Ohio University – whether $15, $500, or $5,000 – it is directed towards the endowment principal. This is the portion of the endowment that is invested, allowing the account to grow over time.
Alternatively, you may also make a gift to a current-use fund. These funds exist as operating accounts for colleges, programs, and other University areas, and also as separate funds related to endowments that are set aside for immediate use. Rather than being invested to continue in perpetuity, your gift to a current-use fund may be used immediately to support student scholarship awards, basic needs programs like the Cats’ Cupboard food pantry, and ongoing programmatic support.
Whether you choose to give to an endowment or current-use fund, your gift (of any amount) makes an incredible difference – providing a lasting legacy while supporting immediate and urgent needs at OHIO.
Learn more about endowments