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What is the minimum amount of money needed to establish an endowment?

April 26, 2017endowment minimum money needed

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What is the minimum amount of money needed to establish an endowment?

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A. Currently, The University of Missouri-Kansas City offers three specific levels of endowments: $1,500,000 is required for a named faculty chair, $750,000 for a named professorship, and $10,000 for scholarships.