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EndowmentsEndowments are lifelong funds in which the principle sum remains invested permanently through the Foundation and generates annual interest. Endowments provide growth and stability in perpetuity for Upstate Medical University, as well as yearly income for scholarships, research, lectures, departmental programs, position funding, and more. The minimum level of contribution to establish an endowment is $10,000. During the first quarter of each year, the endowment's fund coordinator receives notice of the availability of funds for expenditure (currently capped at 4.85% of the total market value of the endowment). Need more information on endowments?
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