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FWC Endowment Fund


Growing the Endowment:
A New Goal for New Times

The Faculty Women’s Club Endowment was established eight years ago. The goal of the Endowment Committee is to stimulate continued and new support. Over the coming years, we hope to "grow" the endowment and, as a result, increase our support for projects that benefit the University community. Whether $5.00, $25.00, $100.00, or more, we welcome your donations! The highlights below will give you some insight into how the endowment works and what you can do to support it.

How the Endowment Works
The FWC Endowment is a small part of the University of Michigan Endowment. An analogy is that the FWC Endowment has shares in the "mutual fund" of stocks and bonds and other assets that compose the total of the University of Michigan Endowment. We receive approximately 5% profit each year from the Endowment. This goes into a "spendable" fund that the FWC Endowment Committee uses to fund U-M activities that are deemed worthy. Our recommendations are relayed to the VP and Secretary of the University’s office for a final decision before the actual transfer takes place. The 5% we receive is approximately $5,000 annually and is available for disbursal.

How You Can Help
Your contribution to the FWC Endowment allows us to offer greater service and support to the broader University community, especially the student population. Your contribution to the Endowment is a generous way to honor a friend, mark a special occasion, or remember one who has died. Any funds that are given to the University of Michigan, a public charitable organization, in the name of the FWC Endowment, are credited to your total giving to the University. The contribution is tax deductible as allowed by tax law.

If you have any questions or want additional information please feel free to contact one of us. We thank you in advance for your contribution.


Most sincerely, the FWC Endowment Committee, Mary Dempsey, Chair

To download a contribution form in pdf format, please CLICK HERE

 

 

 

 

 

 


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