An endowment is often described as a gift that keeps on giving. Endowments are kept
separate from the operational funds of the University and the Michigan Tech Fund.
They are invested for long-term stability and growth because our policies prohibit
us from spending the principal. Only the earnings, or a portion of the earnings, are
used each year to support the endowment's specified purpose. An endowment can be funded
through current gifts, an estate gift, or a combination of the two. An endowment can
provide resources—in your name or the name of a loved one—to the program of your choice
for generations to come. See Leverage Your Gift.