Foundation Terminology

Endowment

Funds donated to an institution, to be held in perpetuity, and invested so as to generate a source of income to be used to fund expenditures outlined in the fund agreement (MOU).

Endowment Assessment fee

Each endowment is assessed an annual fee by the Foundation for the purpose of funding the USMF Business Services and Advancement activities.

Our Vision

Our vision is to attract broad resources that transform the USM and its institutions, create a network of advocates to embrace the USM’s role as an educator and economic engine, and to grow a long-term, sustainable culture of philanthropy across the University System of Maryland.

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