University of Minnesota Athletics
Golden Gopher Fund President's Match
12/5/2006 12:00:00 AM | Athletics
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President's Match
Establishing an endowed scholarship can be an incredibly meaningful way to show your support for the University of Minnesota and to honor an important person in your life. Now, through the President’s Scholarship Match, donors can dramatically increase the impact of an endowed scholarship gift.
The President’s Scholarship Match is part of the University’s historic scholarship fundraising drive called the “Promise of Tomorrow.” The match applies to endowed scholarships gifts of $25,000 or more made on or after July 1, 2003.
Normally, such gifts are used to create an endowment fund at the University of Minnesota Foundation. About five percent of the fund’s market value is paid out each year to support the scholarship. However, with the President’s Scholarship Match, the University matches this payout each year to double the annual impact of the gift.
Employers’ matching gifts may be used to meet the minimum gift threshold, and gifts may be paid over five years. In addition, several individuals may work together to make a gift of $25,000 and be eligible for the match.
For more information on ways to support student-athlete scholarships at the University of Minnesota, including the President’s Scholarship Match, contact the Golden Gopher Fund Office at 612/626-GOLD or ggf@umn.edu.
