The Marquette endowment is the permanent capital of the university. The single purpose of the endowment is to enhance fiscal stability and strengthen the mission of the university by supporting student scholarships, academic programs, and salaries for faculty and staff.
The endowment performance summary webpage posts the fiscal year end market value.
The endowment policy is recommended by the chief investment officer to the members of the Investment Committee and then presented to the Board of Trustees for approval.
Consistent, annual giving is the financial lifeblood sustaining the university's day-to-day mission of delivering a transformational education characterized by excellence, faith, leadership and service.
Every year, the university supplements thousands of dollars of tuition for each student and helps fund research grants and fellowships to attract and retain the very best faculty. Investments are long-term in nature and are subject to short-term market fluctuation. Donor support not only helps smooth out the impact of short-term market volatility on endowment payout, but it also increases the amount of money being invested, making larger investment returns possible.
University Advancement is responsible for fundraising in support of the mission of the university, its faculty and students.
The minimum amount to establish a named endowment scholarship is $50,000.
Yes. Contributions can be made by anyone interested in contributing to the fund. Please contact University Advancement at (414) 288-4469.
When the fund reaches its threshold, the spendable amount is made available the following fiscal year.
Spending allotments will begin with the flat amount allocated to each individual account for the prior fiscal year and new gift additions to the endowment paying out 5 percent of the gift amount. Each new fiscal year, a decision about whether there should be an inflation increase is made. A risk control mechanism will be employed to keep spending within a range of 4-6 percent of market value for the asset allocation policy to work, with a minimum target rate of return of 8 percent (5 percent average spending and 3 percent inflation)
Gifts to the fund can increase the market value. Endowment distribution can decrease the market value. Investment earnings can increase or decrease the value, depending on market returns.
The Office of Endowment makes investment recommendations to the Investment Committee, which comprises Marquette senior management professionals. Marquette's chief investment officer and other investment staff then work with money manager specialists who manage the endowment's assets.
For information on how to make donations and gifts to Marquette, please contact Luba Aganina, donor relations officer, at firstname.lastname@example.org or (414) 288-4469.