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Business schools maintain
their excellence and their reputations in part by
growing the resources that allow them to attract the
best students and faculty, and to provide high quality
programs. Top private schools have major endowments, and
increasingly public universities have had to rely on
their alumni to create a margin of excellence by
depending on generous gifts to their endowments.
An endowment fund is a
fund in which the principal is invested, and only some
of the interest on that principal is spent. Other
interest earnings are channeled back into the fund. In
this way, the endowment grows over time and remains a
perpetual source of revenue for the School and benefits
future students.
The
graduating students in the GSM Class of 2000 in the
Full-time MBA program began the tradition of the class
gift campaign to establish the GSM endowment fund. The
graduating students in the Sacramento Working
Professional program began
their class
gift campaign in 2002 and established a second endowment
fund to specifically benefit the Working Professional
programs. The graduating students in both Sacramento,
and now the Bay Area Working Professional program,
contribute to this endowment fund.
The Class Gift
campaign commences each Spring quarter and is
implemented by a committee of graduating students. There
are three campaigns--one for each MBA program.
For information about the
class gift campaigns, please contact
Director of Development & Alumni Relations.
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