University of Minnesota Athletics

Golden Gopher Fund Endowments

12/5/2006 12:00:00 AM | Athletics

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Scholarship Endowments (“Forever Gold” Program)

**2008-2009 Named Endowed Scholarships**   Maintaining a top Division I athletics program requires sustained resources that can be relied on year after year. With that in mind, scholarship endowments are a top fundraising priority and the focus of the Forever Gold Scholarship Endowment Program.

The cost of athletics scholarships at the University of Minnesota has risen dramatically in the last ten years. An in-state scholarship (tuition, books, fees, and room & board) costs $16,000 a year. The total scholarship cost for the athletics department each year now totals nearly $8.8 million.

Forever Gold was created to establish and strengthen long-term endowments which provide scholarship money year after year thorough annual investment and interest income. The goal is to eventually endow all student-athlete scholarships at the University of Minnesota. A gift of $25,000 or more is required to establish a new endowment. Endowed scholarships can be named for the donor or a donor-designated honoree, and naming opportunities are based upon the size of the endowment gift.

Learn more about Forever Gold (PDF document, 4 pages, 4.3 MB)

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