Endowed Gifts

Your Gift Can Last Forever

An endowment gift to UMass Lowell today provides a brighter picture for our future. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.

Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at UML. The remaining funds are reinvested to ensure indefinite support.

An Example of How It Works

Couple Smiling Longtime supporters of UMass Lowell, Charlie and Susan have two goals: First, they want to make sure UML continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.

Charlie and Susan make a $25,000 donation to UML, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.

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Next Steps

  1. Contact Deme Gys at 978-934-4810 or GiftPlanning@uml.edu to discuss endowed gifts.
  2. Seek the advice of your financial or legal advisor.
  3. If you include UML in your plans, please use our legal name and federal tax ID.

Legal name: The University of Massachusetts Foundation, Inc.
Address: 100 Carlson Avenue, Building 12, Newton, MA 02495
Federal tax ID number: 04-6013152

Start Paying It Forward

View and download your FREE copy of Endowments: A Never-Ending Legacy.

Personal Estate Planning Kit

Our Top Free Resource

This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!

Download My Kit