anchester’s endowment is about the future. It’s about making a Manchester education possible for students now and students to come.
For smaller, independent institutions that are tuition-dependent like Manchester, a strong endowment helps maintain financial stability. The endowment ensures that the University has permanent assets that create a stream of revenue and have an enduring impact.
Endowed funds can help provide students with unforgettable experiences: studying abroad, performing service learning, conducting undergraduate research or completing a professional internship.
Gifts to the endowment can be restricted or unrestricted.
Restricted endowment gifts are funds designated to be used in a specific way by the donor. This may include support for a particular department or financial aid for students in a certain field of study. These gifts can be named to honor the donor or a loved one to commemorate a family legacy or an important individual.
Unrestricted endowment gifts allow Manchester to use the funds for the University’s greatest needs at that moment.
“A strong endowment sends a message of long-term stability for the University and provides for future needs that we haven’t yet imagined,” said Randy Brown, campaign chair.
The endowment is synonymous with Manchester’s future. When a first-generation student needs support to further their academic journey, when a beloved program has unexpected needs, when there are bumps along the way –and there always are – the endowment is there to help.