–By Jessica Borsi One of the most powerful applications of a university’s endowment funds is the establishment of endowed chairs and professorships, enabling eminent faculty to pursue research and pedagogical goals that make lasting impacts on their students, in their fields, and in the world at large. Endowed chairs and professorships attract and retain talented […]
Endowments build excellence while providing financial stability
–By Todd Ellenberg MS ’91 The nation’s most prestigious universities are consistently assessed by the size of their endowments, which are the financial bedrock of a university’s drive to develop and sustain excellence. They provide the vital margin to fund transformational scholarships, recruit and retain distinguished faculty, and support important programs, thereby elevating the excellence […]
Young alum joins Pathway to Philanthropist program with gift to establish scholarship for first-generation students
With a recent gift to establish the Ruth Andrade – Jose Alberto Maldonado Zavala Scholarship Endowment, computer science alumnus and first-generation college graduate Jose Maldonado ’17 has become one of the first members of FIU’s Pathway to Philanthropist program. The scholarship will benefit first-generation students in the Honors College, of which Maldonado is a graduate, […]
With gift to establish scholarship endowment in honor of her teenage daughters, FIU employee joins new Pathway to Philanthropist program
Inspired to set an example for her two teenage daughters about the positive impact women can make in the world, Smilka Melgoza recently made a gift to establish the Vivian and Vanessa Melgoza Scholarship Endowment at FIU. The scholarship is named for her 13- and 15-year-old daughters and will support students in the Honors College, […]
Leaving a legacy: What endowments mean for donors and the university
–By Maria Rojas At FIU, we often say creating an endowment lets donors leave a legacy. But what does that really mean for a donor and for FIU? An endowment is a safety net for FIU’s future, a way to ensure the impact of a contribution endures. When donors initiate an endowment, their principal gift, a contribution of money or other financial assets, is invested. Though it may not start supporting university efforts for a few years (usually four to […]