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Summer/Fall 2013 PDF - University of Minnesota College of ...

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SLUG<br />

A unique opportunity<br />

to increase the power<br />

<strong>of</strong> your gift.<br />

The <strong>College</strong> <strong>of</strong> Veterinary Medicine is part <strong>of</strong> a<br />

new <strong>University</strong>-wide program to build our endowments<br />

for student support. The program is called Fast Start<br />

4 Impact, and it’s only available for a limited time,<br />

with a special benefit to donors making gifts for new<br />

endowed funds.<br />

Why Fast Start is financially smart<br />

Typically, an endowment fund starts small and grows<br />

over four years. Fast Start changes that, awarding<br />

students right away, in an amount that is roughly<br />

equivalent to the payout <strong>of</strong> a fully established fund.<br />

How Fast Start works<br />

For each new endowment gift or four-year pledge<br />

<strong>of</strong> $50,000 or greater, Fast Start will pay four years<br />

<strong>of</strong> annual scholarship or fellowship awards to <strong>College</strong> <strong>of</strong><br />

Veterinary Medicine students, while the earnings on the<br />

new endowment fund are re-invested for growth.<br />

36 Pr<strong>of</strong>iles <strong>Summer</strong>/<strong>Fall</strong> <strong>2013</strong><br />

Gifts or pledges<br />

in these ranges<br />

Receive scholarships<br />

in these amounts*<br />

$ 50,000 – $ 99,999 $ 10,000<br />

$ 100,000 – $ 149,999 $ 20,000<br />

$ 150,000 – $ 199,999 $ 30,000<br />

$ 200,000 – $ 249,999 $ 40,000<br />

$ 250,000 + $ 50,000<br />

*Scholarship awards are paid out over four years in equal amounts.<br />

Who Fast Start benefits<br />

• Undergraduate students<br />

• Graduate students<br />

• Pr<strong>of</strong>essional school students<br />

Now is the time to consider making your Fast Start commitment<br />

to the <strong>College</strong> <strong>of</strong> Veterinary Medicine. You can<br />

find more information at giving.umn.edu.

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