An endowment is a permanent fund at the University established with contributions from donors that will be invested in perpetuity. Each year, a portion of the value of the fund is distributed to support the donor's purpose such as student scholarships or academic program support. Any earnings in excess of this distribution build the fund's market value. The University's current endowment spending policy is 4.0% of market value.
Endowed funds that provide scholarships or academic support to our faculty and academic programs may be eligible for the CBU Matching Endowment Program. Examples of academic program endowments could include support for a specific department, a faculty position, or student learning opportunities. Examples of scholarship endowments could include specific program or department scholarships, students with financial need or merit scholarships.
Qualifying donations of $25,000 or more to establish or enhance an existing endowment controlled by CBU may be eligible to receive a CBU Endowment Match. Gifts of cash, stock or other assets, may qualify for 1:1 matching if the assets can be liquidated before June 30, 2022, and the net proceeds from the sale of the assets are $25,000 or more. All gifts eligible for the match must be deposited into a University controlled account.
Yes, a gift may be made through cumulative donations in order to meet or exceed the $25,000 minimum; all gifts must be received by the University between July 1, 2021 and June 30, 2022.
Qualifying new endowment gifts must be received by the University between July 1, 2021 and June 30, 2022, and reach or exceed the minimum required $25,000 to access the CBU Endowment Match.
Gifts totaling $25,000 or more from individual donors, groups of donors, foundations or businesses may qualify for the CBU Endowment Match.
Yes, contributions from two or more donors may be combined in order to establish or enhance a qualifying endowment fund that meets the requirements for the Endowment Matching Program.

The CBU Endowment Matching Program will match both your gift and your company's matching contribution, provided the combined amounts qualify under terms of the CBU Endowment Matching Program. For example:

$25,000 individual gift + $25,000 employer matching gift = $50,000 total
+ $50,000 CBU match = $100,000 total endowment


The match is made available after gifts totaling $25,000 or more to a qualifying endowment are received. Within ten (10) business days of the completion of the qualifying gift or as soon as commercially practicable, University Advancement shall be authorized to release funds in a matching amount (1:1) to the endowment fund. The University reserves the right to refuse any gift.

Distributions from endowments will be made in accordance with CBU’s Gift Acceptance Policy and Endowment Spending Policy. The spending distribution is currently 4.0% of an endowment’s three-year rolling average of the market value on December 31 the following fiscal year. For new endowments that have existed less than three years, the market value for the purposes of applying the spending rate shall be the average of the year-end values since that endowment was established.

Contact Kim Cunningham, Senior Director of Development, University Advancement at (951) 343-4227 or kcunningham@calbaptist.edu.

Contact University Advancement

Development
Email: givetocbu@calbaptist.edu
Phone: (951) 343-4226
Text to Give: Text CBUFUND to 41444

Alumni and Parent Relations

Email: alumni@calbaptist.edu
Email: parents@calbaptist.edu
Email: events@calbaptist.edu
Phone: (951) 343-4439

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