Giving to the Department
State legislatures, throughout the nation, have continued to reduce the amount of funding designated to higher education. Indiana University has been very successful in complementing state support with gifts from generous alumni and friends. The Department of History seeks unrestricted gifts which would provide funding for various department needs. Such monies can take a variety of forms – from annual gifts, to endowed unrestricted funds. With imagination, and the support of our friends, the possibilities are limitless.
Your contribution will have a lasting and positive impact on future generations of students and faculty members in the Department of History.
Scholarships and Fellowships
Together with the IU Foundation and the College of Arts & Sciences, the History Department seeks to fund private scholarships and fellowships which may be awarded based on student merit, need, or a combination of both.
Endowed scholarship and fellowship funds are permanently invested to produce annual income. Investment returns that exceed the amount needed for distribution are reinvested to add to the growth of the fund. Endowments provide stable, dependable sources of financial support, protected from the uncertainties of state funding, tuition, or other factors. Generally, a minimum of $50,000 is required to establish a scholarship, and $200,000 is required to establish a fellowship endowment.
Annual Scholarships, Awards, and Fellowships
Many donors choose to make scholarship or fellowship gifts on an annual basis. Such gifts can be made available for use in the academic year immediately following the gift. The difference between an annual gift and an endowed scholarship or fellowship is that the total of an annual gift can be spent in its entirety.
As with endowed scholarships and fellowships, annual gifts can be directed according to the wishes of the donor, with preferences for any combination of merit and need. Many donors often use annual gifts to the earnings from an endowment as the endowment matures.
An endowment provides for the continuing support of the Department of History through scholarships, fellowships, professorships, and chairs.
Endowed gift exists in perpetuity, may be named for the donor or someone the donor wishes to honor, and can ensure enduring support for the department, its students and faculty.
An endowed chair or professorship will allow the department to search for scholars who have distinguished themselves with research and as pedagogues. The monies provided by chairs allow us to compete in the marketplace of academia, giving us the opportunity to actively recruit for faculty of the highest renown.
Endowed funds are permanently invested to produce annual income. Investment returns that exceed the amount needed for distribution are invested to add to the growth of the fund. Endowments therefore provide stable, dependable sources of financial support, protected from the uncertainties of state funding, tuition, or other factors. Generally, it takes a minimum of $1,250,000 to establish a chair, and $750,000 to establish a professorship.
To find out more contact:
Office of Advancement
College of Arts and Sciences
790 E. Kirkwood Ave.
Bloomington, IN 47405-7101