Students, Faculty, and Programs
In our global community, it is easy to see how the importance of higher education will continue to increase in the coming years. As states continue to trim the budgets of public higher education institutions, tuition and fees grow to make up the difference. Students at our university must meet sometimes overwhelming expenses in order to complete their degree, so scholarship support has become more important than ever. The same financial burden holds true for our faculty and programs as state funding for higher education continues to decrease.
Scholarship, Program, and Faculty Excellence Endowments
Many donors choose to make gifts to one of our established named endowments. Endowments have been created to support most of our academic majors and programs. We welcome contributions of any amount to our scholarship funds.
Named endowments may be established through the Shepherd University Foundation to support student scholarships, academic programs, or faculty excellence. Charitable gifts to create named funds are permanently invested by the Foundation to provide a perpetual source of annual awards. Endowments may be established with a minimum gift of $25,000 to which donors may choose to pledge funding over a period of 3-5 years, or provide funding through a make a deferred gift. Deferred gifts include bequests or other planned gifts, such as naming the Foundation as the beneficiary of a trust, annuity, or insurance policy.
What’s an Endowment?
The Shepherd University Foundation board of directors is responsible for managing all endowed funds. The board’s investment committee, following a board-approved investment policy, strives to earn the highest possible return while maintaining an appropriate level of risk. To accomplish this, the services of an external professional portfolio advisor and investment manager are utilized.
- Named Endowed Fund $25,000.00
- Endowed Chairs $300,000 to $1,000,000*
- Endowed Professorships $150,000 to $300,000
- Endowed Lectureships $50,000 to $150,000
- Scholars $2,000 to $25,000**
- *Higher sums may be required to establish Chairs in certain disciplines
**The Scholar position is used to help create Endowed Chairs, Professorships, and Lectureships.
Named Annual Scholarships or Program Funds
Donors can also give to or establish a named annual scholarship or program fund. Funds will be awarded each year that the donor contributes the dollar value of the scholarship or program. As with a named endowed scholarship, Shepherd University Foundation staff work with the donor to define the awarding parameters of the scholarship.
For assistance in creating an endowment or annual scholarship/program fund, please contact:
Executive Vice President
Executive Director of Development