Donors can create a Named Endowment at the Duke University Libraries. Endowment funds are a permanent, self-sustaining source of funding that support a specific purpose. Each year, a portion of the value of the fund is paid out to support the fund's purpose, and any earnings in excess of this distribution are used to build the fund's market value. In this way, an endowment fund can grow and provide support for its designated purpose in perpetuity. When you establish an endowment fund, you create a permanent legacy of support for Duke.
- $100,000 will establish an unrestricted endowment
- $300,000 will establish an endowment restricted to a specific purpose
Please contact Tom Hadzor, Associate University Librarian for Development with questions about establishing an endowment.