An endowment gift to the University of Maryland provides a brighter picture for the university’s future. When you support Maryland’s endowment, you give a gift with both immediate and long-term benefits.
To create an endowment, you give cash, securities or other assets that we carefully invest. If you can’t give up assets today, you can make the gift in your will, specifying that your gift will be used to fund an endowment. Once we receive your gift, a portion of the annual income from the investment is used to address immediate needs at the university. The balance of your endowed fund will remain invested to ensure it lasts forever.
An Example of How It Works
Longtime Maryland supporters Susan and Michelle have two goals: First, they want to make sure the university continues to receive support after they're gone. Second, they want to memorialize Michelle's parents, Mr. and Mrs. Jones.
Susan and Michelle make a $50,000 donation to Maryland, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of the Joneses. Plus, Susan and Michelle qualify for a federal income tax charitable deduction on their taxes.