Endowment

One of the most valuable gifts you can give is the gift of education. Supporting an endowed scholarship fund is one of the most enduring ways to impact the lives of students at Mount Mercy University.

Today, Mount Mercy is blessed with more than 250 endowed funds—designated by donors for scholarships and other purposes. Our endowment value at the end of Fiscal Year 2016 stood at $22.2 million. Annual income generated by the endowment provides a continuous and reliable source of income to support our strategic initiatives.

The vast majority of our endowed funds are scholarships, which are awarded every year to students who meet the qualifications specified by donors. Any excess of the total return over the scholarship payout amount is retained in the endowment, helping the fund grow over time and enabling its future payout to keep pace with inflation.

Other endowed funds provide funding for specific curriculum, on-campus programs like Enactus, annual lectures, new technology and facilities, etc.

Your endowment can support what matters most to you, both now and for generations to come.  Support for endowment is an important investment in the success of Mount Mercy and our students!


Endowment Opportunities

The following minimum requirements for establishing a named endowed fund have been set to ensure that endowments provide sufficient annual spending amounts to cover the estimated costs of the program/purpose they support now – and in the future. Additional contributions may be added at any time.

Faculty Chair $1,000,000 minimum
Professorship $500,000 minimum
Program $250,000 minimum
Lecture Series $100,000 minimum
Scholarship $25,000 minimum
Other Endowed Fund $25,000 minimum

 


To establish an endowment at Mount Mercy, please contact:

Duff RidgewayLonna Drewelow ’86
Assistant Vice President for Development & Alumni Relations
319-286-4408
ldrewelow@mtmercy.edu

Create a legacy of support

Endowed Scholarships

Endowed scholarships are investments that are held in perpetuity. The investment earnings are used to provide scholarships to deserving students each year, creating a legacy of support. Our Mercy mission comes with an obligation to help ensure that a Mount Mercy education remains affordable for all students and families. We are grateful to generous donors who partner with Mount Mercy to establish endowed scholarships.

Endowed Funds

Mount Mercy’s endowment ensures the future of our mission and enhances the quality of the educational experience we are able to provide.These non-scholarship endowed funds exist in perpetuity to benefit current and future generations of students. Providing instructional support, technological improvements and library resources, these permanent funds enrich every aspect of the Mount Mercy experience.