The USD Endowment
An endowment is a capital fund typically comprised of donor gifts used to provide a permanent source of income. The source of income is generated from investment returns when the principal gifts are invested in perpetuity. The USD Endowment, comprised of donor gifts and institutional savings, provides the university financial stability through the permanent funding of mission-critical needs. Expenditures from the USD Endowment are made in accordance with donors’ restrictions, and are controlled by a board-approved spending policy.