There's a lot of talk out there about the importance of endowments. As such, endowments offer steady, reliable income. When the Foundation asks donors for assistance in funding endowments, this is what it is talking about.
Endowments can fund a professorship, fellowship, scholarship, or an entire program.
Endowment earnings might also be used to purchase academic equipment, support graduate assistants or research, or strengthen library holdings. Endowment moneys are always spent in whatever way the donor specifies. While they will never be a substitute for state support, endowments can offset the impact, helping to ensure Indiana University's high standards of excellence in the future.