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Endowment giving at the University of Southern Maine
Foundation — the gift that keeps on giving.
Why create an endowment?
Excellent scholarships and programs require substantial, consistent, and
permanent funding. An endowment provides a stable base for that funding.
How endowments work
The corpus of the gift amount is invested, and only a portion (usually 5%) is paid out each year for the purpose(s) intended. Any additional growth is added to the corpus to help keep pace with inflation.
Endowed gifts can be made in a variety of ways. For example, an endowment
may be created by outright gifts over a number of years. Many University endowed
gifts are created through bequests. Alumni, retired faculty and staff, and
other individuals leave a portion of their estate to the University of Southern
Maine Foundation for a specified purpose, such as scholarships, athletics,
or library collections. Your endowed gift is a gift to ensure the future of
the University of Southern Maine and the intellectual and personal development
of its students.
All donors who create University endowments become members of the Benefactor
Society.
| Endowed Gift Size | 5%
annual payout from interest
Funds available annually |
| $2,000,000 | $100,000 |
| $1,000,000 | $50,000 |
| $750,000 | $37,500 |
| $500,000 | $25,000 |
| $250,000 | $12,500 |
| $100,000 | $5,000 |
| $75,000 | $3,750 |
| $50,000 | $2,500 |
| $25,000 | $1,250 |
| $20,000* | $1,000 |
| $10,000** |
$500 |
*minimum amount to establish an endowed scholarship
** minimum amount to establish an endowed book fund
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