Endowment. Because endowments spend only a portion of the total return — not the funds (corpus) that formed the endowment — they are particularly valuable to the long-term stability of the University for planning. And because endowments often fund scholarships, fellowships and chairs or professorships, they are vital for recruiting faculty, staff and students at a top-quality university. The Will to Lead for Clemson is a $1 billion capital campaign to support Clemson students and faculty with scholarships, professorships, facilities, technology and enhanced opportunities for learning and research. Through initiatives that drive innovation and build a knowledge-based economy, a Clemson education will propel the leaders of tomorrow. 864-656-2121 130523-02 The need and the competition grow Through generous donations to the Will to Lead campaign, Clemson was able to grow the University endowment to a total today of $482.1 million. But the University is not keeping pace with other similar public universities in this race for a strong financial endowment. The Chronicle of Higher Education lists these endowments for area universities in 2012: University of North Carolina-Chapel Hill….…$2.2 billion Georgia Tech… $1.6 billion University of Florida… $1.2 billion University of Georgia… $744 million North Carolina State University… $635 million Virginia Tech… $584.7 million University of South Carolina… $513.9 million Clemson has set ambitious goals for the future. And with state support at a record-low 11 percent for 2012-2013, private support has never been more vital. Endowments are urgently needed to • fund scholarships and fellowships for deserving students; • attract renowned faculty; The often complex world of endowments can best be explained through an example. Below is an example of an endowment fund that is established at the current minimum of $25,000, paid in three annual installments: $10,000 year one, $10,000 year two and $5,000 year three. Gifts $10,000 $10,000 $5,000 _ _ _ _ _ Growth _ $1,050 $1,649 $1,939 $2,020 $2,088 $2,152 $2,216 Payout Allowed _ _ _ _ ($783) ($1,045) ($1,176) ($1,232) Market Value $10,000 $21,050 $27,699 $29,638 $30,875 $31,918 $32,894 $33,878 Calculated Payout $783 $1,045 $1,176 $1,232 Corpus Balance $10,000 $20,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 Appreciation Balance $1,050 $2,699 $4,638 $5,875 $6,918 $7,894 $8,878 • consistently improve educational quality; and • move Clemson toward the goal of becoming a top-20 university. Your investment in Clemson’s future The opportunity to make a gift that lasts far into the future is rare. But that is exactly what an endowment does. Establishing your endowment now or through a planned gift can create untold opportunities for future generations of students. It can draw some of the world’s top teachers and researchers to Clemson. It can build new initiatives. It can honor someone in your life. And it can give the University the fuel it needs to soar through good times and bad. Net Return* 7.00% Payout Rate 4.00% Provided for illustrative purposes only. *Net return reflects the return of the portfolio after investment fees as well as a Foundation-assessed administrative management fee. The administrative management fee is utilized in securing, raising, investing and administering endowment funds in accordance with policies and procedures of Clemson University Foundation in effect at the time. The net return shown does not necessarily reflect the Foundation’s return objectives, expectations or forecasts of future returns on investments. Results will vary based on policies, timing and other economic factors. HoNoRiNg THRoUgH ENdoWmENT College roommate, fraternity brother and lifelong friend ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ’68 created an endowed scholarship to honor ▇▇▇▇▇ ▇▇▇▇▇▇▇ ’68, the man he calls a “blood brother.” In honoring the guidance and unwavering support of his friend, ▇▇▇▇▇▇▇▇▇▇ created the ▇▇▇▇▇ ▇. “▇▇▇▇▇” ▇▇▇▇▇▇▇ ’68 Scholarship Endowment through an initial investment and a charitable remainder unitrust with the endowment as a beneficiary. ▇▇▇▇▇▇▇▇▇▇’▇ gift will guarantee that generations of Clemson students share the gratitude — and the generosity — he feels. BUiLdiNg CamPUs LiFE THRoUgH ENdoWmENT ▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇ understand that philanthropy is passed on by positive models. Their generosity led to the establishment of the Mr. and ▇▇▇. ▇▇▇▇▇ ▇. Lowery Family Scholarship Endowment. The unrestricted, universitywide scholarship fund awards scholarships to deserving students as the need arises. And because the ▇▇▇▇▇▇ family wanted to make an immediate impact on students, they chose to supplement their endowment gift with an annual gift that awards scholarships every year as the endowment matures. Clemson students benefit from the positive results both immediately and into the future through this family’s generosity. Types of Endowment Funds
Appears in 1 contract
Sources: Fund Agreement
Endowment. Because endowments spend only a portion of the total return — not the funds (corpus) that formed the endowment — they are particularly valuable to the long-term stability of the University for planning. And because endowments often fund scholarships, fellowships and chairs or professorships, they are vital for recruiting faculty, staff and students at a top-quality university. The Will to Lead for Clemson is a $1 billion capital campaign to support Clemson students and faculty with scholarships, professorships, facilities, technology and enhanced opportunities for learning and research. Through initiatives that drive innovation and build a knowledge-based economy, a Clemson education will propel the leaders of tomorrow. 864-656-2121 130523-02 The need and the competition grow Through generous donations to the Will to Lead campaign, Clemson was able to grow the University endowment to a total today of $482.1 648 million. But the University is not keeping pace with other similar public universities in this race for a strong financial endowment. The Chronicle of Higher Education lists these endowments for area universities in 20122015: University of North Carolina-Chapel Hill….…$2.2 billion Georgia Tech… $1.6 billion University of Florida… $1.2 billion University of Georgia… $744 million North Carolina State University… $635 million Virginia Tech… $584.7 million University of South Carolina… $513.9 million Clemson has set ambitious goals for the future. And with state support at a record-low 11 percent for 2012-2013, private support has never been more vital. Endowments are urgently needed to • fund scholarships and fellowships for deserving students; • attract renowned faculty; The often complex world of endowments can best be explained through an example. Below is an example of an endowment fund that is established at the current minimum of $25,000, paid in three annual installments: $10,000 year one, $10,000 year two and $5,000 year three. Gifts $10,000 $10,000 $5,000 _ _ _ _ _ Growth _ $1,050 $1,649 $1,939 $2,020 $2,088 $2,152 $2,216 Payout Allowed _ _ _ _ ($783) ($1,045) ($1,176) ($1,232) Market Value $10,000 $21,050 $27,699 $29,638 $30,875 $31,918 $32,894 $33,878 Calculated Payout $783 $1,045 $1,176 $1,232 Corpus Balance $10,000 $20,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 Appreciation Balance $1,050 $2,699 $4,638 $5,875 $6,918 $7,894 $8,878 $10,000 year one, $10,000 year two and $5,000 year three. University of North Carolina-Chapel Hill….…$3 billion Georgia Tech… $1.9 billion University of Florida… $1.6 billion University of Georgia… $1 billion North Carolina State University… $984 million Virginia Tech… $817 million University of South Carolina… $625 million Clemson has set ambitious goals for the future. And with state support at 13 percent for 2014 -2015, private support has never been more vital. Endowments are urgently needed to • fund scholarships and fellowships for deserving students; • attract renowned faculty; • consistently improve educational quality; and • move Clemson toward the goal of becoming a top-20 university. Your investment in Clemson’s future The opportunity to make a gift that lasts far into the future is rare. But that is exactly what an endowment does. Establishing your endowment now or through a planned gift can create untold opportunities for future generations of students. It can draw some of the world’s top teachers and researchers to Clemson. It can build new initiatives. It can honor someone in your life. And it can give the University the fuel it needs to soar through good times and bad. Provided for illustrative purposes only. Net Return* 7.00% Payout Rate 4.00% Provided for illustrative purposes only. *Net return reflects the return of the portfolio after investment fees as well as a Foundation-assessed administrative management fee. The administrative management fee is utilized in securing, raising, investing and administering endowment funds in accordance with policies and procedures of Clemson University Foundation in effect at the time. The net return shown does not necessarily reflect the Foundation’s return objectives, expectations or forecasts of future returns on investments. Results will vary based on policies, timing and other economic factors. HoNoRiNg THRoUgH ENdoWmENT HONORING THROUGH ENDOWMENT College roommate, fraternity brother and lifelong friend ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ’68 created an endowed scholarship to honor ▇▇▇▇▇ ▇▇▇▇▇▇▇ ’68, the man he calls a “blood brother.” In honoring the guidance and unwavering support of his friend, ▇▇▇▇▇▇▇▇▇▇ created the ▇▇▇▇▇ ▇. “▇▇▇▇▇” ▇▇▇▇▇▇▇ ’68 Scholarship Endowment through an initial investment and a charitable remainder unitrust with the endowment as a beneficiary. ▇▇▇▇▇▇▇▇▇▇’▇ gift will guarantee that generations of Clemson students share the gratitude — and the generosity — he feels. BUiLdiNg CamPUs LiFE THRoUgH ENdoWmENT BUILDING CAMPUS LIFE THROUGH ENDOWMENT ▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇ understand that philanthropy is passed on by positive models. Their generosity led to the establishment of the Mr. and ▇▇▇. ▇▇▇▇▇ ▇. Lowery Family Scholarship Endowment. The unrestricted, universitywide scholarship fund awards scholarships to deserving students as the need arises. And because the ▇▇▇▇▇▇ family wanted to make an immediate impact on students, they chose to supplement their endowment gift with an annual gift that awards scholarships every year as the endowment matures. Clemson students benefit from the positive results both immediately and into the future through this family’s generosity. Types of Endowment Funds
Appears in 1 contract
Sources: Fund Agreement