A gift to the endowment at Wayne State University is an investment in the future. A strong endowment enables the university to confidently carry out its mission, now and in the future, with the security of permanent funding. With careful stewardship, endowed funds grow in value over time, providing resources in perpetuity.
Each endowed fund has an invested principal that is never spent. The principal earns income that is then distributed to a spending account, which is used to support the specified purpose of the endowed fund. Endowed funds can be unrestricted, but many donors designate their giving to a specific school, college or department.
Endowed funds at Wayne State University are pooled together and reside in the Common Trust Fund. The Wayne State University Foundation Investment Committee oversees these assets.
Endowment Impact Report 2016
At Wayne State, the endowment provides annual income to support initiatives all across the university, from student scholarships to research and academic programs.
Endowment Questions and Answers
Learn more about the endowment at Wayne State University. How is the endowment managed? How does it compare to other universities? What is the spending rate policy?