Entirely funded through private gifts, this program enables us to provide merit-based scholarships and fellowships to some of our most talented students. The College accepts gifts in a variety of forms so that prospective donors may choose the types of gifts that they perceive to be the most efficient, personally satisfying, and financially advantageous for both themselves and the College. The types of gifts are categorized as current gifts and deferred gifts. Deferred Gifts are contributions that cannot be used by the College until some future date. Deferred gifts are the result of careful planning that integrates the donor's charitable gift into his or her overall financial, tax, and estate planning objectives in order to maximize the benefits for both the donor and the College.
Endowed funds are gifts large enough to generate yearly income.
The principal remains intact through investment and only the interest is used. Endowed funds are attractive because they guarantee that financial resources will be available for years to come. Generally, endowed funds are named in recognition of the donor or donors. Hundreds of companies, large and small, match their employee's contributions to the University of Illinois. Check with your Human Resources Department to find out if your company matches gifts.