Opening Doors | Transforming Lives
ENDOWMENT
Building the future of the University of Jamestown What is the Endowment?
Thanks to our supporters, the University of Jamestown’s Endowment is now $35 million—an impressive number we anticipate growing to over $50 million. All gifts to the Endowment are invested in the University’s pooled endowment fund with scholarships awarded annually according to the University’s investment policy statement and under the direction of the Board of Trustees. For example, if one establishes a named endowed scholarship at a minimum of $10,000 (payable over time), the $10,000 gift is invested and no more than $500 is given annually as a student scholarship. There are also opportunities of giving in any amount to the General Endowment, as well as to specific endowed programs.
Why is the Endowment important?
The University of Jamestown’s Endowment is important because it allows donors to invest in the University in a way that exists in perpetuity. It gives the opportunity of leaving a lasting legacy that will forever impact the University of Jamestown and our students, faculty, and staff. This is truly an endorsement of the University of Jamestown’s future.
Ways to Give to UJ’s Endowment
There are numerous options in giving to the University of Jamestown’s Endowment. We mention a few here, because often people are not aware of the possibilities, and we want you to choose to give in the way that is best for you. Some of the ways of giving include, but are not limited to: cash, stocks, and bonds; through naming the University of Jamestown as a beneficiary in a will, trust, or insurance policy; through gifts of real estate, or gifts of grain, mineral rights; or charitable gift annuities. We welcome conversations about any of these means of giving.
UJ Endowment Gifting Opportunities
Some of the areas you may support the University of Jamestown’s Endowment include: Scholarship; Buildings and Equipment; Faculty Development; Character in Leadership, including Fall Conference Speaker Series and Student Service Projects; Arts and Religion; Chaplaincy; Faculty Fellowships; Name Your Own Fellowship; Undergraduate Research Fellowship / Summer Stipends for Students; Endowed Department Chairs in Biology, Doctor of Physical Therapy, Education, Engineering, Kinesiology, and Nursing.
North Dakota Tax Credit
If you are a North Dakota resident, or own property in the state, the State of North Dakota currently offers tax credits on gifts to the University of Jamestown Endowment and on qualified planned gifts to the University. Consult your attorney or financial planner for full details of the North Dakota Tax Credit.
We welcome any size gift in the General Endowment. Additionally, the areas listed above range from $10,000 to $2 million.