An endowment represents a long term solution to keeping pace with escalating scholarship costs and is vital for the future of UC Athletics. This program allows friends of UCATS to invest in the educational opportunities of UC student-athletes. Endowed gifts are held in perpetuity as the UC Foundation invests the initial gift and spends only a portion of the annual investment return for the scholarship created. A donor who makes an endowed gift today can be confident that his or her gift will grow and continue to provide support for future UC student-athletes.
A donor may endow a named scholarship for a UC student-athlete with a gift of $50,000. Although a donor cannot select specific scholarship recipients, he or she can designate his or her support for a specific sport/program.
Many types of gifts and gift vehicles are available to donors for the establishment of an endowment. The UCATS development staff assists each donor, working through their advisors, as they choose the most beneficial asset and the best method of transferring that asset to the UC Foundation in order to achieve his or her objectives. Gifts to an endowment are tax-deductible, as allowed by law, and may provide the donor with considerable tax benefits.