Importance of Endowments
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Endowments are particularly meaningful to the University of Baltimore as they offer a dependable, perpetual source of funding. The investment made in UB with the creation of an endowment provides the type of support that makes a real difference in the lives of our students, faculty and staff.
Imagine making a contribution that leaves a legacy to UB for generations to come. Endowments enable UB to attract excellent students, support exceptional faculty and expand and develop new programs.
Here's how it works: The total amount of the endowment gift is invested. Each year a portion of the income earned is spent to support UB’s greatest need or the program, scholarship or initiative of your choice. The remaining funds are reinvested to ensure indefinite support.
Support Your Passion, Honor Someone You Love
One of the advantages of creating an endowment is being able to support the program, initiative or scholarship that you value the most at UB. Endowments bring about a profound impact because they support your chosen area to support forever.
Endowments are an excellent way to permanently honor your family, a mentor or a loved one. In fact, loved ones may also choose to support your fund because they know how special it is to you.
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- Contact Caroleigh McCloy Haw, M.S. '01 at 410.837.6217 or firstname.lastname@example.org to discuss endowed gifts.
- Seek the advice of your financial or legal advisor.
- If you include UB in your plans, please use our legal name and federal tax ID.
Legal Name: University of Baltimore Foundation, Inc.
Address: 1130 N. Charles St., Baltimore, MD 21201
Federal Tax ID Number: 23-7036780
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.