Spartan Fund
Click to Engage
Close X

Endowments

“Spartan…..for life”

Endowments are an ideal way for donors to leave a legacy with MSU and to provide a perpetual source of funding for scholarships, programs, and/or coaching.

Pooled and invested as one Common Investment Fund thru the MSU Foundation, endowments provide an perpetual source of income over an infinite time horizon with the goal of maintaining the value in real terms. A portion of this annual income is distributed in accordance with guidelines set by the donor.

 

Donor Recognition

MSU Athletics acknowledges the generosity of our benefactors in a number of ways, including game programs, videoboard announcements, website recognition, and visibility in other public spaces. As part of Empower Extraordinary, the campaign for Michigan State, donors contributing to an athletic designation will have their names etched onto the “Spartans For Life” endowment wall, located at the north end of Spartan Stadium (see below).  Perhaps the most important recognition is the stewardship and carefully management by MSU takes very seriously in order to build the University’s programs and help secure the future in a way that makes us proud.

Each year, MSU Athletics will provide opportunities for our endowment donors to learn about the programs that their gift is directly supporting. In addition, donors are provided opportunities to interact with our student-athletes and coaches to express their personal thanks to donors who have supported them.

Endowment Wall_with title

 

  • HOW AN ENDOWMENT WORKS

    Endowments are long-term accounts with a minimum balance requirement, in which the principal is invested and earned income distributed. MSU’s endowment accounts are pooled and invested as one Common Investment Fund. Currently, a portion of this annual income – which averaged 8.4% of the endowment pool’s market value over the last ten years – is distributed in accordance with guidelines set by the donor. The University programmatic spending rate currently stands at 5%. Net returns in excess of the spending rate increase the market value of the endowment pool. The pool is invested over an infinite amount time horizon with the goal of maintaining the value in real terms, thus providing a steady flow of income. In this respect, an endowment is a perpetual gift.

    An example of how an endowment works:

    endowment-works

    HOW YOU CAN MAKE AN ENDOWMENT GIFT

    There are many ways to establish an endowment, and the arrangements for every gift can be personalized to fit your specific needs. Gifts of cash and securities are traditional forms of support; however, planned gifts including bequests, charitable gift annuities and charitable remainder trusts may allow you to make significant contributions that may not otherwise be possible during your lifetime. All endowment gifts are 100% tax deductible.

    For more information, please contact the Spartan Fund directly.

  • SCHOLARSHIP ENDOWMENTS

    Scholarship Endowments allow student-athletes to pursue excellence in the classroom while playing the sport they love. MSU Athletics currently provides more than $13 million to the university each year to cover the cost of providing tuition, room and board, and books for nearly 600 scholarship student-athletes each year. Through a commitment to a scholarship endowment, we will widen our scholarship base and allow more of our athletic programs to stand among the nation’s best. MSU student-athletes maintain a cumulative GPA of 3.05 and a NCAA graduation rate of 85% as of 2013. 

    Freshman/Sophomore Lower Division

    In-state Fees

    Out-of-State Fees

    $452.00/credit + fees $1,212.00/credit + fees

    Two semesters (15 credits/semester)

    $13,560 T&F
    $9,524 R&B
    $900 Books
    $36,360 T&F
    $9,524 R&B
    $900 Books

    $23,984

    $46,784

    Junior/Senior
    Upper Division

    In-state Fees

    Out-of-State Fees

    $503.50/credit + fees $1,250.25/credit + fees

    Two semesters (15 credits/semester)

    $15,157 T&F
    $9,524 R&B
    $900 Books
    $37,507.50 T&F
    $9,524 R&B
    $900 Books

    $25,529

    $47,931.50

    Scholarship Endowment Opportunities

    Named Position Scholarship: $350,000 To fully endow a scholarship, designated sport and position
    Named Athletic Scholarship: $50,000 – $349,000 Named general scholarship in a specific sport
    Ralph Young Endowment: Gifts of less than $50,000 will become part of the Ralph Young Endowment
  • PROGRAM ENDOWMENTS

    Often times, a well-supported program endowment differentiates a struggling program from a great program that consistently competes on a national level. A program endowment is the essence of any intercollegiate athletic department that seeks perpetual excellence in all its sports. MSU Athletics aims to establish program endowments for all 25 of our intercollegiate varsity sports. Gifts to a program endowment ensure perpetual support, laying the foundation for funding of operational expenses that are so vital to build and sustain championship programs.

    Investing today ensures the success of tomorrow. With your help, MSU athletic programs will be in a position to succeed and consistently compete for championships well into the future.

    Program Endowment Opportunities

    Football Program Endowment $5 Million
    Men’s Basketball Program Endowment $5 Million
    Ice Hockey Program Endowment $3 Million
    Women’s Basketball Program Endowment $3 Million
    All Other Sport Program Endowments $1 Million
    Gifts of $50,000 – $999,999 can be directed toward existing program endowments
  • COACHING ENDOWMENTS

    Leaders and educators. Legendary coaches like Duffy Daugherty, Ron Mason, Danny Litwhiler, Jud Heathcote, etc. have all made their mark on MSU Athletics by achieving success, but more importantly, mentoring thousands of student-athletes. Today’s MSU coaches follow in the footsteps of those historic figures and have found success of their own.

    Coaching continuity is so important to recruiting elite-level student-athletes. By establishing an endowment to support the salaries of our coaches, we can assure that we can meet and respond appropriately to the daily standards being set for intercollegiate coaching salaries. In turn, you have the opportunity to name your chosen coaching position to further demonstrate—and personalize—your commitment to MSU Athletics.

    Head Football Coach $5 Million
    Head Men’s Basketball Coach $5 Million
    Head Women’s Basketball Coach $2 Million
    Head Coach (all other sports) $1 Million
    Assistant Coach (Football, Men’s Basketball, Ice Hockey) $500,000

    How You Can Make an Endowment Gift

    There are many ways to establish an endowment, and the arrangements for every gift can be personalized to fit your specific needs. Gifts of cash and securities are traditional forms of support; however, planned gifts including bequests, charitable gift annuities, and charitable remainder trusts may allow you to make significant contributions that may not otherwise be possible during your lifetime. All endowment gifts are 100% tax deductible.

    For more information, please contact the Spartan Fund directly.

Top