Endowments
What is an endowment?
An endowment at the University of South Carolina is a permanent gift, an investment that gives back to the university forever.
Endowment funds are managed to provide a permanent source of income to support the educational mission of the university. The endowment, a set of pooled assets, is generally composed of many individual funds and is invested in a purposeful and accountable manner to generate income that:
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- honors the donors’ intended purposes for their gift;
- supports the operating budget of the institution; and,
- is reinvested to protect the value of the endowment against inflation.
Visit the Business Manager page Endowment training resources.