Endowments

An endowment is a donation made to the university with the understanding that the "capital" or "principal" amount of the donation will be invested in perpetuity. The principal is invested and only the earnings are spent via what is called a spending allowance.

Key Criteria for Establishing an Endowment

To establish an endowment, we require a letter from the donor(s) stating that they want the donation to be an endowment and restrict the use of the investment income. In addition, the university requires a minimum principal value donation of $50,000. If that donation is spread over multiple payments, a fully executed endowment pledge of $50,000 is required for the account to be considered an endowment.

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Contact Information

Ginny Proctor
Financial Reporting and Compliance Manager
Phone (619) 260-2400 x2434
Email gproctor@sandiego.edu