Alumni, parents and friends who want to support CMCI while also creating a personal legacy often choose to establish endowments with the University of Colorado Foundation. Currently, an endowment can be established for a minimum gift of $25,000, which may be paid over up to five years. That minimum gift level will increase to $50,000 on Jan. 1, 2022, and a short amount of time remains to establish an endowment before the increase.
Endowments provide a permanent funding stream and are vital to CMCI’s long-term growth and success. CU endowments are invested, and 4 percent of the principal is used annually for the donor-specified purpose. A $25,000 endowment provides $1,000 in annual funding. Once donors create endowments, they can grow them through additional donations and estate gifts.
Certain naming opportunities at CMCI required larger endowments, and those levels will also increase as shown below:
|Naming opportunity||Current||Beginning 1/1/22|