Endowments are permanently restricted funds. The principal amount of the gift remains intact and is invested for long-term growth; investment earnings are used for the specified purpose of the fund. Donors establish endowments to ensure that their charitable purpose is served in perpetuity.
Belmont University establishes a board-designated endowed fund mirroring the purpose of your gift. On a quarterly basis, the University transfers one dollar to this “mirror” account for every match-eligible dollar received during the year.
While your total commitment (pledge) may be used to determine match eligibility, only payments received are matched.
Yes. Payments against eligible pledges signed prior to 12/31/20 will be matched if received within the standard five-year payment window.
Endowed scholarships and mission funds require a principle balance of $25,000 or more for activation. Minimums for other endowments are as follows:
Endowed Professorship: $500,000
Endowed Chair: $1,500,000
Yes. A new endowment need not be established, as long as all other eligibility requirements are met.
Contributions must be received by Belmont University no later than September 30 (or June 30 for a newly established fund) to receive endowment earnings and to be included in the Fund’s three-year rolling average for endowment payout calculations.
Yes. Investment earnings are based on the total of your payments and We Believe matches.
For new endowed funds to “pay out” in the form of scholarships, mission awards, professorships, etc., they must meet two requirements:
- The endowed fund must be three years old with accrued earnings available for spending.
- The endowed fund must have a three year rolling average of $25,000 or more.
To promote endowment growth, the We Believe match is treated like permanently restricted principle and may not be repurposed for early awards or payouts.
The match minimum applies to a single outright gift or pledge to a single fund.
While the We Believe match doubles the impact of your generosity, you will continue to be recognized only for your personal philanthropic contributions.
Annual Giving - Common Terms & Definitions
Annual giving is the act of alumni, parents, friends, organizations, and students consistently making one or more gifts to Belmont during each fiscal, or academic, year. Because our goal is to increase giving percentage, as well as total gift amounts, all designations are available and encouraged for alumni, parents, and friends support.
The Belmont Annual Fund includes all gifts from alumni, parents, and other friends for current support of teaching and learning at Belmont University, for unrestricted or restricted purposes and potentially repeatable, excluding most gifts to endowments and capital projects.
Unrestricted support is composed of gifts used to support the most immediate needs of the students and teachers at Belmont University. Unrestricted money is like a living university endowment that allows Belmont to remain diligent in pursuit of excellence and also provides a competitive edge in enabling the university to attract the best and brightest students through scholarships and learning resources.
The School and College Funds allow alumni to designate gifts to the faculty, staff, and students of any of Belmont’s outstanding schools or colleges.
- The College of Arts & Science
- The Mike Curb College of Entertainment and Music Business
- Gordon E. Inman College of Health Science and Nursing
- College of Business Administration
- College of Visual and Performing Arts
- School of Religion
- Adult Degree Program
The average percent of undergraduate alumni of record who donate money to the college or university. The alumni giving rate is calculated by dividing the number of appropriate donors during a given academic year by the number of appropriate alumni of record for that year. The percent of alumni giving serves as a proxy for how satisfied students are with the school.
Annual Giving - Questions
Your annual gift is immediately put to use to support teaching and learning here on campus. Your gift may enhance the campus learning environment by adding computers or books to the library, or it may supplement student scholarships. Every gift, no matter the size or designation, serves a very specific and important purpose by enabling our faculty and student to better fulfill our mission to transform the world through disciplined intelligence, courage, compassion, and faith.
Quite literally, every part of Belmont benefits from your support. The most fundamental impact is on the teaching and learning enterprise as we strive to retain our student-centered educational approach in the classroom. Annual gifts also equip our science and computer labs, helps to build the library collections and maintains our beautiful and historic grounds. If you have had a class in Fidelity Hall, studied on a pretty day in the quad, or watched the Bruins play here on campus, then you have experienced the impact of annual fund gifts.
Anywhere. Really. While unrestricted gifts are important to the fiscal health of Belmont, we encourage our alumni, parents and friends to give to the areas to which they feel most connected. School and Colleges, scholarships, athletics, and mission trips are always a popular choice.
The alumni giving percentage is an indicator of alumni pride and satisfaction and measures the act of alumni giving, not the total amount given. It is officially defined as the average percent of undergraduate alumni of record who donate money to the college or university. The alumni giving rate is calculated by dividing the number of appropriate donors during a given academic year by the number of appropriate alumni of record for that year. The percent of alumni giving serves as a proxy for how satisfied students are with the school. Also, Levels of participation among alumni, faculty and staff, and the Board of Trustees are considered by foundations and corporations when they make their funding decisions. A gift from any individual donor could lead to other significant gifts and the collective gifts of all individuals provide sustained support to assure the future of Belmont. As an alumnus or alumna, your gift will have an immediate impact on the value of your degree as we rise in the ranks. Giving to Belmont is a great way to help your University and yourself!
The Belmont fiscal year follows the academic calendar and runs from June 1 to May 31. All gifts and pledges completed before May 31 count toward the current year’s alumni giving percentage goals and budget needs.
While Belmont’s endowment offsets the cost of student tuition by almost $1,500 per student, the endowment still only covers about 5% of the University’s annual operating budget. Belmont’s success, therefore, depends heavily on the support of our alumni and friends. Annual giving is sometimes called the "living endowment" because dollars are expended in their entirety in the year they are given. In that sense, donors know the full amount of their gifts are being used for educating today's students.
Large gifts are absolutely essential to Belmont’s success. But so are more modest ones. Belmont now has more than 16,000 living alumni. Most of us will never make the cover of Fortune magazine. Many-teachers and ministers and nurses, for example-choose our life's work for love, not money. But when our gifts are combined, they add up and provide critical support for the student-teacher interaction that makes our University so special.
Many companies will match your gift to the University, thereby doubling or sometimes tripling your contribution. For most companies, you would find a very simple form in your human resources or personnel office, and return that to Belmont when you make your gift. To see if your employer is a matching company, please visit our Matching Gift Company Search.
Recognition varies with the type and amount of the gift. All donors are sent written tax receipts and acknowledgement of their contributions. Belmont also has donor societies that carry different levels of rewards, such as discounts from the Belmont bookstore and tickets to very popular campus events. Donors who establish endowed funds may receive annual correspondence from scholarship or research fund recipients. In addition, we encourage all of our donors to come to campus and see first-hand the impact that gifts make on current Belmont students and faculty.
Absolutely! Whether it's recommending a student to Belmont, setting up a summer internship at the company where you work, or volunteering your services for the Belmont alumni group near you, we appreciate your support. There are many ways to get involved, and some of them take just a few minutes of your time. To learn more, please contact the Alumni Office.