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Navigating
into the Future - The Campaign for Shippensburg
University will seek significant
increases in both restricted and unrestricted endowment. Restricted endowment,
when given to the SU Foundation, is designated for a specific need, such
as scholarships or faculty chairs. Year after year, as the endowment grows,
its income goes for that purpose. Unrestricted endowment, a permanent source
of flexible support for changing needs, is designated for support of joint
priorities of the University and the SU Foundation that Shippensburg's leadership
identifies each year. With a balance of such endowments, Shippensburg can
retain flexibility even as it ensures adequate long-term investment in pivotal
areas such as support for students, faculty, and programs. |
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