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Endowment Gifts

Endowments are often referred to as the "gifts that keep on giving." Endowments are perpetual and give donors the opportunity to support multiple generations of students and faculty, thereby making a lasting impact on Stony Brook.

Endowments are permanently invested by the Stony Brook Foundation, and a portion of the income generated by that investment is used for the purpose you wish to support, such as undergraduate scholarships, graduate fellowships, supplemental salary support for faculty, research, libraries, lectureships, specific programs, discretionary use or other purposes. Another portion of the income is reinvested each year, enabling the endowment principal to grow, maintain its "spending power" against inflation and provide a permanent stream of income over time. The principal is never spent and remains intact. The Stony Brook Foundation endowment policy provides for an annual program distribution of 4.5% of a 5-year rolling average of the endowment market value.

An endowment can create a wonderful and permanent legacy for you or serve as a thoughtful and lasting tribute to a loved one, friend, colleague or favorite professor. A gift to create a new endowment may be made in the form of a multi-year pledge, with gift payments made over a period of up to five (5) years.  The minimum gift to establish an endowment is $100,000. 

We invite you to learn more about the many types of endowments available (below) to support your area(s) of interest.

Types of Endowments

Student Endowments

Gifts that fund undergraduate scholarship and graduate fellowship endowments make it possible for Stony Brook to attract and retain the best undergraduate and graduate students, regardless of their financial circumstances. You can make a difference by contributing to an existing endowed scholarship or fellowship fund or by establishing a new endowment to benefit students enrolled in the college/school of your choice.

Type                                                Minimum Gift            Estimated Annual Impact    
Endowed Presidential Scholarship  $1,000,000
$45,000
Endowed Full Scholarship $200,000
$9,000
Endowed Full Graduate Fellowship $300,000
$13,500
Endowed Graduate Fellowship (partial award) $200,000
$9,000
Endowed Scholarship (partial award) $100,000
$4,500
URECA Endowed Research Scholarship (partial award)        $100,000
$4,500


Faculty Endowments

Since its founding, a hallmark of Stony Brook University has been its remarkable faculty, comprised of Nobel Laureates, MacArthur Fellows, Pulitzer Prize winners, Emmy and Grammy Award winners, and members of prestigious academic and scientific organizations. These distinguished individuals are crucial to the fabric of our dynamic environment of intensive learning, scholarly research, and the translation of new knowledge into benefits for the greater community. You can help to ensure that the University can continue to recruit and retain leading researchers and teachers through your support of endowed faculty chairs, professorships and fellowships.

Type                          Minimum Gift      Estimated Annual Impact    
Endowed Presidential Chair $5,000,000  $225,000 
Endowed Distinguished Chair
$2,500,000  $112,500
Endowed Chair $1,500,000  $67,500 
Endowed Professorship $750,000  $33,750 
Endowed Faculty Fellowship $500,000  $22,500 

 

Program Endowments

Endowments that support programs and special initiatives at Stony Brook ensure the long-term viability of important, cutting-edge instructional, research and public service activities that make the University a world-class institution. Whether you want to provide our researchers with advanced equipment for research, eager students with opportunities for cultural exploration and cultural enrichment, or vulnerable young cancer patients with the latest treatments and emotional support, Program Endowments offer a means to make a difference for a specific endeavor.

Type Minimum Gift       Estimated Annual Impact 
Endowed Lectureship $250,000 $11,250
Endowed Research Fund $250,000 $11,250

Other Naming Opportunities 

Term Current Use Impact Gifts

Term current use impact gifts establish a current use fund that provides multi-year support at the same level as an endowed fund’s distributions. Commitments must be at least four years and may be renewed in increments of four or more years. These gifts qualify for a fund named in recognition of the donor or honoree for the duration of the funding period. The following are examples of term impact opportunities.

Type Minimum Gift Per Year     Total Min. Commitment
Term Scholarship $4,500 $18,000
Term Graduate Fellowship $9,000 $36,000
Term Faculty Fellowship $33,750 $135,000

 

Naming Centers and Institutes

Centers and institutes may be named in recognition of an endowed gift. The minimum amount for a particular center or institute is determined on a case by case basis dependent on the size and scope of the program’s number of faculty and students and budget.

Type Minimum Gift
Endowed Research Institute Fund      $5,000,000+
Endowed Institute Fund $3,000,000+
Endowed Center Fund $1,500,000+

 

Naming Buildings and Rooms

Buildings may be named in recognition of an endowed gift. The minimum amount for a particular building is determined on a case by case basis dependent on the size and purpose of the building. 

The minimum gift for a named room or other physical space within a building is $100,000 but may be more based on the size and purpose of the space.

More Information

For more information about Endowments, please contact:

Scott Barrett
Senior Associate Vice President for Advancement
(631) 632-9128