What is the minimum amount necessary to establish an endowment at UNH?
The minimum amount necessary to establish a new endowment at UNH is $25,000. This amount can be paid all at once or in payments (typically three to five years). Once the fund reaches the $25,000 amount, it will payout to purpose. Until $25,000 is reached, the interest gained is reinvested in the fund. Many times, donors also choose to provide a “current-use” gift, while their endowment is building. For example, a donor paying a $25,000 pledge over five years ($5,000 per year), would also supply the $750 in current-use money to start making an annual award, therefore seeing the immediate impact of their gift.
