Types of Gifts
Gifts come in many forms. When making outright or pledge gifts, your gift is made available to the university during your lifetime, while most planned or deferred gift options will benefit the university through your estate. There are two types of gifts: restricted and unrestricted. Each benefits the university.
When you make an unrestricted gift you enable the university to determine the best use of your donation. The gift is directed to the university's four campuses by the University of Nebraska Foundation's Grants Committee which receives input from the university president and chancellors.
Making a restricted gift allows you to designate a specific use for the funds, such as support for students, faculty, facilities or various university programs. For example, you may prefer to fund scholarships, professorships, a new library addition or a research program at the campus you want to benefit. In addition, gifts can be designated as either expendable or endowed.
When you establish an endowed fund to support the University of Nebraska, your gift is invested and only the annual investment income will be available for use by the university. The net income earned annually from the investment is used for the purpose of the fund. The advantage of endowed funds is that they grow over time, providing increasing support for the university.