Establishing a fund
Support a specific area of the university
Donors may establish a fund at the university to in support of numerous areas. For example, a fund can support a research project, an outreach program, library resources, or a scholarship, fellowship or bursary. The donor and the university will jointly establish the fund criteria and the fund will be administered entirely by the university. Donations to the fund can be received from other donors or funding sources as well.
Annual funds most often support an annual student award, or an annual event such as a public lecture. A donor can establish a named annual award (scholarship, bursary, or athletic award) with a gift of $1,000 or more per year, for a three year commitment.
Donors to the University of Victoria can establish endowed funds through gifts of cash, securities and property. These gifts are invested and thereby provide a continuing source of income for University programs and student awards. At this time, the minimum amount suggested for establishing a named endowed fund is $25,000. Endowed funds may be named to honour a person, family or corporation.
Endowment funds can be established for restricted or unrestricted purposes. Income from restricted funds is designated for a specific purpose decided by the donor in consultation with the University. Examples include bursaries, scholarships, fellowships, chairs, professorships, library materials and research projects. Income from unrestricted funds can be used for any purpose consistent with the University’s mission, usually where the need is greatest.
For more information, please contact:
Mrs. Mary-Lynne Britt, Donor Relations Coordinator
Phone: 250-721-8965, email: firstname.lastname@example.org
Office location: Alumni House, Rm. 104b
or contact the Development Officer for the faculty or area you wish to support.