Endowment
Endowed Gifts
The WPI endowment currently stands at $360 million, and the university operates with a trustee-approved 5.4 percent spending rule. The university stands on sound financial footing today, but with the rising cost of engineering education, it is ever more important that we continue to build our endowment for tomorrow. WPI has set a goal of doubling its endowment over the next eight years. Endowment gifts are critical to this effort and among the most important ways an individual can make a difference at WPI. Donors may create an endowment with a minimum gift of $50,000.
If you are interested in making a capital or endowment gift, please contact Lisa Maizite, assistant vice president for leadership giving, at +1-508-831-5073 or lmaizite@wpi.edu.
|
Type
|
Minimum Funding
|
Expected Annual Endowment Income
|
|
Academics
|
|
Academic Department
|
$25 Million
|
$1,350,000
|
|
Academic Center
|
$10 Million
|
$540,000
|
|
Professorship
|
$2 Million
|
$108,000
|
|
Asst./Assoc. Professor Development Fund
|
$1 Million
|
$54,000
|
|
Visiting Professor/Professional in Residence
|
$1 Million
|
$54,000
|
|
Scholarships
|
|
Undergraduate Endowed Scholarship
|
$720,000
|
$38,880
|
|
Graduate Fellowship
|
$720,000
|
$38,880
|
|
Student Loan Fund
|
$100,000
|
$5,400
|
|
Undergraduate Global Project Fund
|
$150,000
|
$8,100
|
|
Innovations and Excellence
|
|
Dean's Special Initiatives Fund
|
$1 Million
|
$54,000
|
|
Provost's Fund for Curriculum Innovation
|
$500,000
|
$27,000
|
|
Department Head Fund for Academic Excellence
|
$300,000
|
$16,200
|
|
Faculty Research Fund
|
$250,000
|
$13,500
|
|
Special Projects and Resources
|
|
Project Center
|
$50,000
|
$2,700
|
|
Library Special Collections Fund
|
$100,000
|
$5,400
|
|
Endowed Lecture Fund
|
$100,000
|
$5,400
|