Endowments

The Arizona Elks Endowed Chair for Neonatal Research

Douglas S. Holsclaw Family Endowed Chair in Genetics

Horace Steele Endowed Chair

Louise Thomas Endowed Chair for Pediatric Cancer Research

Sally Lindholm Endowed Chair in Genetics

An “endowment,” is created by donors to provide long-term sources of funding. Endowments can be specifically focused or generally designated for the most critical research needs. Endowments are permanent funds in which the principal is held in perpetuity and only the interest generated by the principal amount is used annually.

Privately endowed funds of $2 million and more are designated as “endowed chairs or programs.” Endowed chairs and programs allow the Steele Children's Research Center to attract and retain nationally renowned researchers who have excelled in pediatric research.

An endowed fund is established through a minimum gift of cash or stock totaling $25,000. Endowed funds also may be created through a number of planned giving vehicles.

How an Endowment Works:
Endowment gifts provide an ongoing source of support for a position or program. The principal of the gift is never spent. It is invested, and a portion of the income (payout) is made available each year to support the designated research.

Endowment payout rates are set each year by The University of Arizona and The University of Arizona Foundation and may change from year to year.

The Benefits of Establishing an Endowment:

• Serves as a permanent named tribute
• Ensures continued progress towards finding ways to prevent and cure childhood diseases
• Perpetuates your enduring vision