Many donors choose to establish or contribute to an endowed fund, creating a lasting legacy. The income from the endowment provides ongoing support to the donor's chosen priority.
Endowment is the financial bedrock that provides both stability and flexibility for the Johns Hopkins University and the Johns Hopkins Hospital and Health System. Johns Hopkins invests endowed funds and uses a portion of the income for the purpose the donor specifies, while the remainder is reinvested in the fund to keep pace with inflation.
Endowed funds can be unrestricted, providing a source of 'venture capital,' or designated for a wide range of purposes, including scholarships and fellowships; professorships, directorships, and deanships; academic or research or programs; and maintenance of facilities.
Endowments may be named for the donor and/or someone a donor wishes to honor or memorialize.
A top priority of the Knowledge for the World campaign is to increase the Johns Hopkins endowment, which is small relative to most other U.S. research universities. Johns Hopkins is able to generate only 4 percent of its annual operating budget from endowment income, compared to rates ranging from 8 to 18% at peer institutions.
Endowment Giving
