Giving to UTEP Business

Invest in the Future of Our University

Planned giving provides prospective donors with many options and can offer both income and tax benefits. A gift annuity guarantees donors with an income stream for life and also helps secure the future of the UTEP College of Business Administration.

An annuity to the College of Business Administration will provide:

  • Guaranteed income for life (and the life of another, if desired)
  • Charitable tax deduction
  • Support for future College of Business Administration students and faculty
  • Flexibility, as a gift can be created with cash, securities or real estate

Freshman OrientationFor donors seeking a fixed, predictable income during their lifetime, a charitable gift annuity may be the ideal life-income gift plan. A charitable gift annuity can be funded with cash, marketable securities and other liquid assets. In exchange, UTEP pays the donor and/or the donor's spouse a fixed annual income for life. A certain portion of each annuity payment is tax-exempt. The donor receives a charitable income deduction in the year the gift annuity is established.

For those who prefer variable income, with its potential to hedge against inflation, the charitable remainder unitrust may be the ideal gift option. It, too, provides a lifetime income and an immediate charitable income tax deduction.

Planned giving is also a way for donors to maximize their estate for their heirs while making a charitable contribution to the College of Business Administration. A planned gift may be right for you if:

  • You have considered making a significant contribution but are worried about having enough income in your later years
  • You want to ensure that you, and not the IRS, chooses where the largest share of your estate goes
  • It is important to you that future UTEP students have access to a quality education
  • You are looking for a way to create a lasting, meaningful legacy

For more information on creating a lasting legacy at the UTEP College of Business Administration, call us at (915) 747-8533 or e-mail us at givingto@utep.edu for more information.

Online giving is also available! You can make a secure credit card gift online by visiting our website at https://givingto.utep.edu/makeagift.php.

Endowment Opportunities at UTEP

Tom and Gerry Porter, both UTEP Alumni, presenting a bronze statue to Dr. Nachtmann as a gift to the College. Tom and Gerry Porter, both UTEP Alumni, presenting a bronze statue to Dr. Nachtmann as a gift to the College.

All gifts for permanent or endowed funds received by the University of Texas at El Paso are formally reviewed and accepted by the Board of Regents of the University of Texas System. Upon acceptance of an endowed gift, a permanent endowment fund is established by the Board to be administered by the U.T. System Office of Development and Gift Services. That office now administers over $5.3 billion in endowed funds on behalf of UTEP and the other components of the U.T. System.

Endowment funds are invested in the Long Term Fund and managed by UTIMCO, the investment management arm of the U.T. System. Distributions from each endowment are made quarterly to the component named as beneficiary for use as directed by the donor at the time of the acceptance of the gift. By system-wide policy, the Long Term Fund is invested with the objective of total return. A portion of the return is retained in the principal of the individual fund to offset the effects of inflation and permit some growth in the fund.

The minimum amount required to establish any endowed fund is $10,000. A donor may create an endowment with an initial donation of 20% of the donor’s total proposed funding and a pledge for the payment of the balance within five years. All funds that would otherwise be distributable from the endowment will be reinvested as a permanent addition to principal until the endowment is funded with the above mentioned minimum required funding.

Please call us at (915) 747-8533 or e-mail us at givingto@utep.edu for more information.

Faculty Assistance Endowment

If the endowment is designated for a faculty position, distributions are made available each year to the individual who holds the endowed position. He or she may choose to take this stipend as a salary supplement or to use the earnings for other purposes related to his or her work, such as support for research, travel to professional meetings, or the purchase of specialized books or equipment. The University has established four levels of endowed faculty positions:

  • Professorships Minimum $100,000 endowment
  • Distinguished Professorships Minimum $250,000 endowment
  • Chairs Minimum $500,000 endowment
  • Distinguished Chairs Minimum $1,000,000 endowment

Student Assistance Endowment

Endowed scholarships provide students with funding for tuition, fees and other costs related to academics. An endowed scholarship can be established for a minimum of $25,000, which creates a partial scholarship.

Scholarships may be designated to a particular department or program, or be tied to a consideration of financial need. Scholarships are usually renewed automatically provided that the student maintains a minimum GPA and course load, but the donor may require that the scholarship be re-awarded annually.

Endowed student enhancement funds support student academic costs beyond tuition and fees, such as travel to out-of-town competitions or performances, purchase of essential supplies for special projects, or stipends for research projects.

Funding levels for various student assistance endowments are as follows:

  • Student Enhancement Funds Minimum $10,000 endowment
  • Academic Scholarships Minimum $25,000 endowment
  • Presidential Scholarships Minimum $60,000 endowment
  • Presidential Excellence Scholarships Minimum $80,000 endowment
  • Graduate Fellowships Minimum $100,000 endowment

General Program Assistance Endowment

UTEP is involved in many programs that provide hands-on educational experiences for students while benefiting the community. A minimum endowment of $10,000 could provide discretionary funds to support any of these worthwhile programs that the donor desires. Some examples include:

  • University Library
  • Centennial Museum
  • Texas Western Press
  • Union Dinner Theater
  • KTEP-FM Radio
  • Undergraduate Learning Center
  • Numerous programs within the College of Business Administration, College of Education, College of Engineering, College of Health Sciences, College of Liberal Arts, and the College of Science.

Establishing a Scholarship at UTEP

University scholarships give students the opportunity to reach their potential by rewarding scholastic achievement and relieving the financial burdens associated with a college education. UTEP offered students over $8.0 million in scholarships this year, and the number of eligible candidates still exceeded available funds. More money is needed to support Annual Scholarships, Endowed Scholarships, and the UTEP General Scholarship.

The cost of tuition and fees at UTEP is approximately $4,600 per year for a full-time student. To apply for a scholarship at UTEP, high school students must have a minimum grade point average of 90 on a 100 point scale. Current UTEP students or students transferring from other colleges must have a minimum 3.0 cumulative grade point average on a 4.0 scale. All scholarships require full-time enrollment; some also require proof of financial need.

Please call us at (915) 747-8533 or e-mail us at givingto@utep.edu for more information.

Annual Scholarships

If you give a minimum of $1,500 or more now, and pledge to give the same amount for an additional three (3) years, we can award an annual scholarship. By guaranteeing scholarship funds for four (4) consecutive years, you enable a talented student to concentrate on his or her coursework, free from the worry about next year’s tuition. As long as the student maintains the minimum standards set out above, he or she will continue to receive the scholarship. You may offer your scholarship to all qualified students, or restrict it to a particular college, department or program.

Annual scholarships also provide special naming opportunities. The four-year scholarship can be named after the donor in honor or in memory of a friend or family member.

Minimum funding levels for annual scholarships are as follows:

  • Academic Scholarships Minimum $6,000
    Payable Over 4 Years - Minimum $1,500 annually
  • Presidential Scholarships Minimum $12,000
    Payable Over 4 Years - Minimum $3,000 annually
  • Presidential Excellence Scholarships Minimum $16,000
    Payable Over 4 Years - Minimum $4,000 annually
  • Graduate Fellowships Minimum $24,000
    Payable Over 4 Years - Minimum $6,000 annually

Endowed Scholarships

An endowed scholarship can be established for a minimum of $25,000, which would generate an annual award of approximately $1,000. Funds distributed from endowed scholarships are awarded to deserving students to assist with tuition, fees and other costs related to their academic studies.

All gifts for permanent or endowed funds received by the University of Texas at El Paso are formally reviewed and accepted by the Board of Regents of the University of Texas System. Upon acceptance of an endowed gift, a permanent endowment fund is established by the Board to be administered by the U. T. System Office of Development and Gift Services. That office now administers over $4.4 billion in endowed funds on behalf of UTEP and the other components of the U. T. System.

Endowment funds are invested in the Long Term Fund and managed by UTIMCO, the investment management arm of the University of Texas System. Distributions from each endowment come back to UTEP to be awarded as scholarships pursuant to the donor’s instructions. By system-wide policy, the Long Term Fund is invested with the objective of total return. A portion of the return is retained in the principal of the individual fund to offset the effects of inflation and permit some growth in the fund.

A donor may create an endowed scholarship with an initial donation of $5,000 and a pledge for the payment of the balance within five years. No scholarships can be awarded, however, until the endowment reaches the minimum required funding. Until the minimum funding level is reached, all funds that would otherwise be distributed from the endowment would instead be reinvested as a permanent addition to the principal.

Funding levels for endowed scholarships are as follows:

  • Academic Scholarships Minimum $25,000 endowment
  • Presidential Scholarships Minimum $60,000 endowment
  • Presidential Excellence Scholarships Minimum $80,000 endowment
  • Graduate Fellowships Minimum $140,000 endowment

General Scholarship Fund

Gifts of any amount designated for this fund will be pooled with other similar gifts and used to award and help supplement as many scholarships as possible each year. These scholarships will be awarded based on scholastic performance and are available to students pursuing any field of study at UTEP.