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How much money does it take to start an endowment?

April 26, 2017endowment money

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How much money does it take to start an endowment?

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• $50,000 will establish an unrestricted endowment for a particular school or division, such as the Pratt School of Engineering or the University Libraries. • $100,000 will establish an endowment restricted to a specific purpose, such as faculty support within Arts & Sciences.