Bridge Gap Between Objectives & Funding
Endowments are critical to bridging the gap between the George Mason University Libraries’ objectives and available annual funding. By providing a reliable funding stream, endowments help the Libraries obtain the critical resources they need to meet the growing and evolving academic needs of Mason students and faculty. Endowments are an essential funding mechanism, safeguarding the Libraries from significant increases in material costs (e.g. the cost of scientific journals) or decreases in state funding.
Programming & Staff Development Funding
In addition, endowment income can contribute meaningfully in the Libraries’ public programming and outreach, as well as to nurture and further develop library faculty and staff.
Establishing an Endowment
You can support the University Libraries’ collections by establishing a library endowment in the area of your choice. The funds you contribute are permanently invested, and the income will consistently and reliably maintain the collection in your chosen academic area. A new library endowment can be established with at least a minimum of $10,000 contributed over a five-year period. You may name the endowment in your name, in honor or memory of a loved one, or your company or organization’s name.
Significance of Endowments
An excellent way to mark a special event, or memorialize or honor someone you love, you can also join with others to establish an endowment or expand an existing subject endowment. Original and personalized bookplates will also be created for books and materials purchased through your endowment, through which you will provide lasting support with enduring effects on the George Mason University community.
If you would like more information about endowments, or have questions about other ways to give to the University Libraries, please contact:
Kathleen Kehoe, Director of Development
George Mason University
4400 University Drive, MS 2FL
Fairfax, VA 22030