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Giving News

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With an endowed gift, alumni and friends can provide a steady source of funding over time for something they believe in at UT. The principal of their gift is invested, never spent, and distributions are made to their chosen program or area.

Graduate fellowships can be funded for $50,000 or more. In creating theirs for student-athletes, Julia and Cecil are making a blended gift — they’re giving outright during their lifetimes and have a planned gift in place for after they’re gone — to eventually bring the endowment principal up to $1 million.

“Rather than wait, we wanted to be able to see some of the fruits of it,” Cecil says. “We’re funding it up front, and our intent is to add to it every year. And then we’ll leave a much larger chunk of funding when we pass.”

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