Endowments

Together, it is. And it will last forever.

In true Bobcat nature, we're joining with our family and friends to boost our collective support through a new opportunity to expand your giving—and the OHIO family, too.

Your gift helps a student afford all the lessons, the connections, the adventures, and the readiness of green and white of the OHIO experience—not just for four years, but for life.

You can be a part of providing cherished experiences to current, and future, Bobcats. Choose a scholarship that supports the experience you want to share with our undergrads—or we can help you establish your own. Through the OHIO Match(TM), any gift made to eligible scholarship endowments now through June 30, 2024 will be matched 50¢ on the dollar. For more information please contact us.

What is an endowment?

Just like a savings account, endowed funds generate income from the principal investment. Endowments create the foundation upon which universities build lasting financial strength and ensure academic quality. Once in place, endowments provide permanent support for teaching and research, student aid, and an abundance of other academic programs and activities.

These dollars can support scholarships, equipment and software upgrades, student research, and more. Distribution of funds will be subject to a specific set of guidelines formulated by The Ohio University Foundation in conjunction with you, the donor. You can create an endowment that will bear your name or the name of someone you wish to honor.

Because the financial requirements for various endowment and naming opportunities differ, donors are encouraged to discuss their ideas with a staff member from the Office of Development.

For more information please contact us.

How are endowment gifts managed?

Gifts to The Ohio University Foundation are managed in accordance with the Uniform Prudent Management of Institutional Funds Act ("UPMIFA") adopted by the State of Ohio on June 1, 2009. UPMIFA provides guidance to charitable organizations for the management and investment of endowment funds. Spending authority for endowment accounts not underwater will be the product of a 4% spending rate and a 36-month moving average of fair market value. These accounts will also be subject to a 1.8% administration fee. Should market performance result in an unsustainable change in available spending, the Investment Committee of The Ohio University Foundation Board of Trustees will address altering the spending rate accordingly. In the event that endowed accounts are underwater, spending will be restricted to an amount equal to 1% of the 36-month moving average of fair market value. These accounts will not be assessed the administration fee.

What is the difference between an endowment and a restricted gift?

An endowment is kind of like a bank CD; after it's been invested for a certain period of time (typically a full fiscal year), it generates returns that can be used in accordance with the account guidelines. The interest earned is the only portion that is ever spent. For example, if the John Doe Scholarship Endowment has positive returns in a given year, the university will use the interest it generates to award the scholarship in the following fiscal year. The benefit to this type of gift is that it continues in perpetuity; the drawback is that it takes a lot more money to have a big annual impact.

A restricted gift, on the other hand, is designed to be used as soon as the unit needs it. As a donor, you can direct where the gift goes (a school, college, department, or scholarship, for example). The benefit to this type of gift is that it provides funding immediately for the cause you want to support. The drawback is that after the money is used, it's gone. So, for example, if you want to make a gift to create a scholarship, you would have to fund it annually if you'd like it to continue to be awarded.

Yearly Stewardship Reports

If you establish an endowment, we will annually provide you with a report that addresses fund performance, use of the funds, and a summary of your giving history.

Ready to share forever?

To discuss establishing an endowment fund and take advantage of the 50 percent match, contact us at giving@ohio.edu or call 740-593-2636 to schedule a meeting with our development team.