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Endowment Gifts

Endowment gifts ensure the long-term success of Elon. Many donors choose to honor family members, friends or a favorite professor with an endowment gift, which serves as a lasting tribute to a loved one or mentor.

Building the endowment is one of Elon’s top fund-raising priorities. A strong endowment allows Elon to fund initiatives that will have a lasting impact on students’ education and the quality of the institution. Because endowment gifts generate earnings each year, they play a critical role in the University’s long-term financial stability.

Your Endowment Gift Allows Elon To:

  • Attract and retain high-caliber faculty and students

  • Enhance scholarship aid

  • Rely less on tuition to fund basic needs

  • Keep costs affordable for all students

  • Fund new programs to sustain Elon’s distinctive education

Elon’s endowment is approximately $79.9 million. The goal under the NewCentury@Elon strategic plan is to raise $100 million in endowment gifts.

Elon's Endowment vs. Peer Schools

Named Endowment Opportunities*

Gifts To Support Students
Full tuition scholarships and Elon Experiences grant: $500,000
Honors Fellows: $125,000
N.C. Teaching Fellows: $100,000
Communications/Journalism Fellows: $75,000
Business Fellows: $75,000
Elon College Fellows: $75,000
Leadership Fellows: $60,000
Endowed Scholarship: $50,000
Named need-based scholarship: $50,000
Music or performing arts scholarship: $50,000
Study abroad scholarships (partial to full): $25,000-$100,000 
Endowed Athletics Scholarship: $50,000
Law School Scholarship: $100,000
Doctor of Physical Therapy Scholarship: $100,000

Gifts To Support Faculty
Named Professorship: $1 million
Emerging Scholars/Junior Professorship: $500,000
Faculty Sabbatical Fund: $300,000
Technology Equipment Fund: $200,000
Faculty Development Fund: $100,000
Summer Faculty Fellowship: $100,000
Lectureships: $100,000
Library Collections Fund: $25,000

*Amounts listed are minimums to create endowment.

To learn more about creating an endowment at Elon, please call Chuck Davis, senior director of individual giving, at (336) 278-7443. Click here to view Elon’s endowment spending policy.