An endowment is an amount of money (fund) that is given to the University with a stipulation that the
funds are invested to earn annual interest rather than spent immediately. A portion of the annual earnings is used to award student scholarships or support CUW programs. The rest of the earnings are reallocated back into the fund’s principle to insure that the endowment continues to grow and yield more interest for future scholarships and support.
These personalized funds support academic and institutional programs of Concordia University Wisconsin. An endowment fund is a gift that keeps on giving. The original amount of the gift is invested to earn yearly interest, which in turn is used to support students and institutional priorities.
Individuals who give or pledge $25,000 or more may establish a personalized Endowment Fund in their name (i.e. The Andrews Family Endowment). These customized funds can be tailored to support an individual’s field of interest within the University or they can be created to meet the University’s greatest needs. Named Endowment Funds can be added to at any time and in any amount.
Concordia provides those who have a named endowment with an annual financial report. Named Endowment donors whose funds create student scholarships will be given the opportunity to form a relationship with student recipients.