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About Us Foundation FAQs
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Frequently Asked QuestionsQ. Why does UCF need my support? Q. How are my gifts used by the UCF Foundation? A. Expenditures are made according to strict guidelines for the use of the money as specified by the donor and detailed in the memorandum of understanding. Some donors allow the university to direct their gifts where they are most needed. These unrestricted funds are typically used to help provide scholarships; recruit outstanding faculty; facilitate student and faculty research; help defray travel to national conferences to present research; and support important university initiatives where no other funding is available. Q. What are the university's fund-raising priorities and who sets them? A. In a university as complex and fast growing as UCF, there are always more opportunities for enhancing our academic missions than there are funds to carry them out. With input from the college deans, UCF's president and provost determine the fund-raising priorities of the UCF Foundation. Q. How will the Foundation manage my endowed gift? A. Endowment gifts are investments in the future of UCF, invested to realize growth and provide an enduring source of income for the designated program. Our endowment was valued at $103 million as of June 30, 2009. Q. Who manages the UCF Foundation? A. The Foundation is governed by a board of directors, consisting of leading UCF alumni and friends who volunteer their time to oversee the foundation's activities and programs. UCF President John Hitt is also a member of the board of directors. Robert J. Holmes, Jr. is the CEO of the UCF Foundation. Q. How is the UCF Foundation funded? A. The Foundation's operating budget is primarily funded by:
Q. How do I make a gift to the UCF Foundation? |
