Establishing a fund
Support a specific area of the university
Whether you want to help a student, a program or a research initiative, establishing a fund is a fantastic way to support what you hold most dear. There are two types of funds that you, as a donor, can establish:
If you establish an annual fund, you will be providing annual support to UVic for a fixed period of time. Annual funds are most often established to provide funding for an annual student award or an annual event, such as a public lecture. With a donation of $1,000 or more per year, for a minimum three year commitment, you can establish a named annual fund.
Establishing an endowment is a great way for you to make large, transformative gifts to UVic. Endowing your donation allows you to have a long-term impact on the university that will benefit students far into the future.
Endowed gifts are invested by the University of Victoria Foundation to create a steady income stream, paying out a yearly amount while the principal grows over the years and preserves purchasing power. Compared to annually funded gifts that have an immediate but short-term impact, endowments and their related benefits last forever and generate stable funding for donor-specified purposes, such as scholarships, fellowships, chairs, buildings, academic programs or the university’s greatest needs. At this time, the minimum amount for establishing a named endowed fund is $25,000. Endowed funds may be named to honour a person, family or organization.
Donors may choose if any newly created endowments are invested in the main fund or in the fossil fuel free fund.
You may also contact the Development Officer for the faculty or area you wish to support.