Who decides how the money is invested?
The Investment Committee of the Foundation's Board of Trustees, working in concert with the Foundation's investment advisor Cambridge Associates, sets the asset allocation and chooses the investment managers.
What are the benefits to creating an endowment?
Endowments are permanent. They are managed for prudent growth to ensure that earnings exceed inflation and that the donor's purpose is fulfilled in perpetuity. Endowments allow the university to budget the gift's use and count on it forever. Endowments to support faculty positions allow UH leadership to attract renowned experts, or retain our promising junior faculty. Any endowment moves UH forward permanently in the area designated by the donor.