Graduate Student Fellowship Matching Initiative
About the entry
The creation of this unique fundraising initiative flips the idea of a traditional matching program on its head. Unlike most matching initiatives where the funds are matched 1:1 to the initial gift amount, this model takes an exceptional approach when growing the value of the endowment. Instead of simply matching funds received, Graduate Studies has matched the expected payout after the fund has doubled in value. This allows the UC Davis Foundation (UCDF) to reinvest, rather than payout, back into the fund, allowing the endowment to double in half the time. The typical endowment takes approximately thirty years to double in value. Under this matching initiative, the endowment doubles in twelve years, doubling the payout in less than half the time.
From the Judges' Report
Interesting innovative approach to graduate school fundraising, which is always challenging. Capitalized on investment strategy that encouraged full up front gift from donor and provided impact immediately. Overall very impressive.