Impact
The University of Virginia’s endowment and other long-term funds are a powerful investment in the future of the University. Endowed funds serve as a sustainable source of funding for professorships to recruit and retain distinguished faculty; scholarships and fellowships to support deserving students; lectureships to bring distinguished speakers to Grounds; library acquisitions; and academic prizes to recognize outstanding students and faculty. The University’s unrestricted endowment generates vital funding for operations and enables the University to respond to important needs as they arise.