Endowed funds play a critical role in the long-term financial success and stability of an institution. These assets are invested in perpetuity, unlike gifts to the Tepper Annual Fund which are used for immediate needs, opportunities and initiatives.
Endowment funds provide a steady, predictable source of income over time, on which the university can make commitments and build its programs. A strong endowment allows Tepper faculty and administrators to pursue critical initiatives that enhance our ability to be a global leader in business education. In addition to providing stability for the future, endowment gifts help the Tepper School of Business attract and retain top faculty and students.
We especially need endowment gifts to support new professorships and research funds, particularly during a period in which several of our most prominent faculty members are nearing retirement and when the dean will be faced with the task of recruiting new scholars to maintain our leadership position in important fields of research. New endowment funding is also required to support fellowships and financial aid, to ensure that the distinctive and powerful benefits of a Tepper School education remain available to students regardless of their or their families’ financial means and to attract the very most talented and promising students to the Tepper School.
The benefits to a Tepper School faculty member who holds an endowed professorship—which is a faculty appointment supported by the investment return of an endowment gift—include opportunities for enhanced teaching and research and increased prestige. Students benefit from the scholarships, fellowships, and the excellent teaching, programs, and research initiatives that endowment support helps make possible.
To discuss how you can create an endowed fund at the Tepper School of Business, please contact Tepper School's Executive Director of Individual Giving, Ann Powers (412-268-5992; email@example.com).
Additional, general endowed giving information may be found via the Carnegie Mellon web site at https://www.cmu.edu/campaign/ways/planned/q_and_a.html