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Establish an EndowmentAlumni and friends who make gifts for endowment build a strong foundation for San José State now and in the future. An endowment is a fund that supports the institution in perpetuity, often named for the donor or other individual. Distributions from an endowment support the purpose or program chosen by the donor. If you are interested in establishing an endowment, please contact the development office. You will be referred to the appropriate person in your area of interest who will assist you in structuring your gift so it is the most meaningful and rewarding for you and the university. Endowments are a long-term investment in the university that provide benefits to students and faculty year after year, generation after generation, because the gift principle is invested while only part of the income is spent. The stable base of resources this represents allows for a rich variety of activities such as scholarships and fellowships for talented students, support for distinguished and dedicated faculty members through professorships and chairs, and support for research that otherwise would not progress. The minimum funding level to establish an endowment with the Tower Foundation is $25,000. About the SJSU FoundationThe SJSU Foundation — formed in 1932 — is one of the oldest nonprofit corporations in the CSU system. The foundation plays a critical role in supporting the university’s educational, scholarly, research and public service missions. Foundation staff members administer a series of contracts and grants funded by government agencies, private foundations and corporations that provide the cutting-edge research and instructional programs so vital to the health of a community of scholars and to the future of society as a whole. On behalf of the university, the foundation also invests and manages various funds that support academic, research, and scholarly activities and programs. Valued at about $25 million (depending on market conditions), these funds can be categorized generally as the university’s “endowment.” |
Development Division of University Advancement One Washington Square San José, CA 95192-0257 408-924-1473 |
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