Can an Endowment be designated for a specific purpose?
Absolutely! As with any gift to UNCP an endowed gift offers alumni and friends the opportunity to have their names, or the name of a loved one, linked to an area of the University in which they have a special interest. • Some donors create unrestricted endowments, recognizing that the needs and challenges of the future will differ from those of today. Unrestricted gifts are used for the highest priority needs on campus, and provide the most flexibility as these needs change. • Many donors create undergraduate scholarships or graduate fellowships to aid deserving students. • Some donors choose to endow a professorship in the academic discipline that inspired them as students. • Others choose to support research in areas of particular importance to them. • Other donors choose to direct their gifts to areas or programs of special concern to them, knowing that these additional funds provide an opportunity for those programs to grow and excel.
