Supplements for faculty salaries help us retain the best faculty. Campaign funds help us enrich our programs and provide equipment for teaching and research. We look to the state of Tennessee to provide our base operating budget, and we raise private money to make good programs even better. 83.31 19,606.62 867,251.65 Univ. UT received few undesignated gifts.
People designate their gifts to a college or to a particular program.
In fact, more than 90 percent of the funds donated by individuals, corporations, and foundations who invested in the 21st Century Campaign were restricted to specific programs or units. 98,723.87 748,837.85 847,561.72 Univ. Some of the campaign funds will never actually be spent. A substantial portion of the campaign total is in endowments that generate income for scholarships or other programmatic uses. Other gifts are in the form of trust agreements that pay income to the donors during their life times and then revert to an endowment.