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Endowment
Endowment is our only source of income that ensures our financial future. In an ever-changing landscape here at the University of Illinois there is a lot of pressure and a definite sense of urgency to maintain the highest of standards. For our athletic department endowment is our one constant that we can count on to maintain that standard set at this university. This need for a larger amount of endowment does not come as a luxury, but out of necessity. Through endowments we will have revenue to offset costs for our student-athletes. We want to be able to ensure one thing for our student-athletes on a consistent basis and that is opportunity. Through endowments we can create more opportunity for our student-athletes in order for them to reach their highest potential.
Based upon peoples' concern for Fighting Illini athletics, their income, personal needs, financial obligations, and their desire for priority season tickets...most members find it relatively easy to arrive at a level of involvement that fits their needs. The I FUND offers eight (8) club levels to choose from, and each has a unique set of benefits to consider. There is a club for every level of interest...and budget. General information regarding The Loyalty Circle Endowment is listed below. For other clubs, please go to Club Levels.
THE LOYALTY CIRCLE ENDOWMENT (LCE) ($300,000 and above):
Philosophical statement: When establishing a Loyalty Circle Endowment one is taking on the commitment to sponsor a single student-athlete through his academic and athletic career at the U of I but, also providing the opportunity for student-athletes in the future classes at the U of I. This is truly one of the greatest gifts our program can receive, and a wonderful way for our sponsors to see their donations in action. Although special privileges are afforded to LCE members, the primary motivation to invest in the future of a young person is the feeling one receives from providing the opportunity for an individual to reach his or her full potential.
An endowment provides the stability necessary for the future success of the Athletic department. Planned or deferred gifts and endowments provide substantial support for future use and represent a growing source of funding for Fighting Illini student-athletes. These gifts benefit the department at some future date and are the result of careful planning which integrates a donor's charitable gift into his or her overall financial, tax, and estate planning objectives.
There are many ways to establish an endowment, for information about how to create a named scholarship in men's or women's athletics, how to contribute to an established endowment or the general athletics endowment fund or when executing any form of planned or deferred giving, please contact a development officer in the Office of Athletic Development so that he or she may help you construct a fund agreement. This agreement is necessary to insure that your gift is directed to the Division of Intercollegiate Athletics. Without designation, your gift will be recorded as unrestricted for use and future generations of student-athletes would not benefit from your generosity.
