Donations

Making a Donation

You can donate to any of the funds, accounts, or projects described below by either:

Donating to an endowment fund

Donations to an endowment fund are not spendable by the University; they are added to the principle of the fund, which is invested by the University System of Maryland Foundation on behalf of UMBC. The income generated from that principle can be expended during the following year on the purposes for which the endowment was created. Unspent income becomes part of the endowment's principle at the close of each fiscal year. Establishment of an endowment currently requires a minimum of $25,000 in donations.


Donating to a spending account

Donations to a spending account are available for expenditure upon receipt by the UMBC Foundation. Unexpended funds carry forward indefinitely.


Donating to a project