Skip Navigation


Endowments, which provide permanent support, create the most profound and lasting impact. These gifts keep on giving as the principal is invested, never spent. Endowments may be established for a wide variety of purposes, including endowed faculty chairs, graduate fellowships, program support, and research. Endowment gifts may be named for the donor or someone the donor wishes to honor or memorialize.

How Endowments Work

An endowment is based on an initial gift of substantial size that in turn provides annual income earnings generated by investment of the principal.  Endowment funds are invested in the Long Term Fund (LTF) of The University of Texas System, which is managed by the University of Texas Investment Management Company (UTIMCO). Each endowment “buys” units in the LTF, and earnings distributions are credited to endowment income accounts on a quarterly basis. Annual amounts are distributed to the program you have designated, while the fund principal remains invested to provide support in perpetuity. Each year, a portion of the interest is re-invested so that the endowment can continue to grow.

Current Minimum Funding Levels to Establish Endowments

  • Chair $1,000,000
  • Professorship $300,000
  • Faculty Fellowship $150,000
  • Endowed Presidential Graduate Fellowship $100,000
  • Graduate Fellowship $50,000
  • Graduate Research Endowment $40,000
  • General Excellence / Program Support Endowment $25,000
  • Endowed Book Fund $10,000

For more information on endowments, please contact Carolyn Garber, Director of Development.

To learn more about the impact of endowments at the LBJ School, please visit our Celebrate Giving page.