The donor stipulates the gift is to be maintained inviolate and in perpetuity, with only the income from this gift to be expended.
Same as permanent except that by the gift instrument, after a period of time the funds may be released from inviolability to permit all or part to be expended.
Funds which the Board of Trustees, not the donor, has determined are to be retained and invested with only the income available for spending. (Minimum - $50,000.)
The University's investment policy for endowments is to invest all funds in the Growth Pool unless specifically restricted from so doing by the donor or the Board of Trustees.
The main objective of the Growth Pool is to increase the size of the University's endowment funds by: