Endowments – A Lasting Gift
Endowments provide perpetual income for the law school through investment of principal funds. These gifts may be unrestricted, providing for the greatest needs of the college, or restricted to a particular use. Endowments are established with a minimum of $30,000 through outright gifts, pledges paid over a period of years, deferred gifts, such as trusts or insurance expectancies, and through estate plans. Following are several types of endowments that have been established by alumni, friends and law firms to support quality legal education now and into the future.
For more information on supporting the law school through a wide variety of tax-deductible charitable giving methods, or to request a copy of the brochure Guide to Private Endowments at the University of Florida, please contact:
Lauren Wilcox, Interim Senior Director, Office of Development & Alumni Affairs Fredric G. Levin College of Law, P.O. Box 117623, Gainesville, FL 32611, 352-273-0640, firstname.lastname@example.org
Endowed Chairs and Professorships aid in the recruitment and retention of outstanding faculty by generating income for salary supplements and teaching/research support.
Chairs – minimum $2 million contribution
Full Professorships – $1 million contribution
Assistant Professorships – $500,000 contribution
Term Professorships – $300,000 contributions
Endowed Scholarships are an important tool in ensuring that students have the opportunity to pursue quality legal education. Scholarships may be awarded based on need and/or merit. Ideally, scholarship fund should be at least $100,000 to provide significant benefit to the student and remain state match eligible.