Endowments at The University of Texas MD Anderson Cancer Center give you a vehicle through which you can honor people or events affected by cancer. You can create an endowment for any goal you set in our mission to end cancer. Your generosity can help support research or invest in education. It can promote the exchange of knowledge or impact a particular patient care program.
How do endowments work?
Upon creating and funding an endowment, the principal is invested by The University of Texas Investment Management Company (UTIMCO) in the Long Term Fund. The principal of your gift is never spent. A portion of the return it generates is distributed to support the area or program of your choosing.
Your endowment is managed to increase its value while providing a predictable, stable stream of income. The University of Texas Board of Regents sets the distribution rate annually. It considers factors related to both immediate impact and long-term security. Reinvested earnings provide a cushion to support your endowment’s program in the future, while still meeting its current needs.
How can I do it?
You can establish an endowment in a variety of ways. You can give conventionally through a gift of outright cash. You can use stock and other forms of securities, or even real estate to establish an endowment. You can secure your legacy through a living trust or a will, which can include all, a specific amount or percentage of your estate. And you can take up to five years to fully fund an endowment.
Endowment Types and Levels
Research Fund $100,000
Graduate Fellowship $100,000
Faculty Fellowship $250,000
Distinguished Professorship $1 million
Chair $2 million
Distinguished Chair $3 million
Distinguished University Chair $4 million