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University of Maryland Athletics

Endowments

Endowed funds at the University of Maryland provide perpetual resources for Maryland Athletics and can be utilized to help fund scholarships, coaching positions, or provide operational support. 

When an endowment is created, the gift is a permanent one. Since these gifts live on in perpetuity, they are a meaningful way for donors to leave a lasting legacy with Maryland Athletics and the University of Maryland.
 
HOW AN ENDOWMENT WORKS
$100,000 Endowment Gift
X 4% Approximate Investment Return*
= $4,000 Approximate Annual Spendable Income for Scholarship or Program Support
* The investment return and associated fees are determined yearly by the UMCP Foundation Board of Trustees

How to Create an Endowment

Creating an endowment is a simple process that can be completed in a few easy steps.
  1. A donor can begin the process of creating an endowment by having a conversation with a development officer.
  2. Determine your vision and the impact you'd like to have for your endowment The vision and the impact you would like to have through your endowment are very important to us at Maryland Athletics and we want to work with you to help you to gain focus. Within Maryland Athletics, three types of endowments exist: Scholarship Endowments, Program Endowments and Coaching Endowments.
  3. Make a verbal commitment A verbal commitment leads to the creation of a gift agreement. This agreement captures and outlines your vision and impact for your endowment. Currently, endowments for Maryland Athletics begin with a commitment of $50,000.
  4. Sign your endowment Once a review of your endowment has been completed, a signature establishes your endowment fund.
  5. Fund your endowment After your endowment has been established, funding is all that remains between creating your vision and seeing it become a reality. At Maryland Athletics, an endowment can be funded either outright or pledged over a period of up to five years.

Types of Endowments:

Scholarship Endowments:

Deserving student-athletes will be awarded the annual distribution from your gift to assist with expenses related to their education, including room and board, tuition and books.
  • Partial Scholarship Endowment: $50,000-$499,999
  • Full Scholarship Endowment: $500,000 and above

Program Endowments:

Creating a program endowment helps offset expenses incurred by a specific team on a yearly basis, proving discretionary funds for teams to augment their department budget for expenses such as recruiting and travel.
  • Program Endowment: $50,000 and above

Coaching Endowments

Coaching endowments support our head and assistant coaches directly while establishing a strong commitment to coaching talent now and in the future.
  • Head Coach Endowment (Football, Men’s Basketball, Women’s Basketball): $5,000,000 and above
  • Head Coach Endowment (Olympic Sports): $3,000,000 and above
  • Assistant Coach: $1,000,000 and above

Please see the list for our current endowments below. To contribute a major gift to help support these initiatives, please contact a Major Gifts officer with the Terrapin Club at (301) 314-7020.

LeFrak Scholars Samuel J. LeFrak Scholarship for Men's Basketball
Samuel J. LeFrak Scholarship for Football
Samuel J. LeFrak Scholarship for Men's Track & Field
Fully-Endowed Scholarships John & Diane Alahouzos Endowed Scholarship
James A. & Lee Frances Bowler Fund
Friends of Gary- Marvin J. Perry Memorial Scholarship
The William J. Graham Memorial Baseball Scholarship
John I. Heise, Jr. Scholarship
John I. Heise, Jr. Basketball Scholarship
Cliff & Camille Kendall Family Fund
MEF Directors Scholarship
Ramsen-Woods Family Endowed Scholarship for Women's Basketball
Betty Smith Scholarship Fund
Bob "Turtle" Smith and Carol B. Smith Endowed Baseball Scholarship
Bob "Turtle" and Carol B. Smith & Family Endowed Baseball Scholarship
Gary Williams Men's Basketball Scholarship
Gary Williams Point Guard Scholarship
 
Endowments for the General Athletics Scholarship Fund Harry C. Byrd Memorial Fund
Department of Intercollegiate Athletics Endowed Fund
Ransom R. Lewis, Jr. Memorial Fund
Maryland Education Foundation Athletic Scholarship Fund
Mattie & Millie Mathias Scholarship Fund
Deborah A. Yow Endowed
Funded by Bequest
Bob and Carol Baker Athletics Scholarship
D. Stuart Bowers Athletics Scholarship
Michael S. Green Athletic Scholarship Fund
Carole C. Harris Scholarship for Women's Basketball
The Michael N. Herson Endowed Scholarship for Baseball
Walter Hill, Jr. Fund for Football
The Ronald and Mary Lou Keller Scholarship for Women's Basketball
Mary L. Lucas Founding Rebounder- Endowed Scholarship for Women's Basketball
The Milt Matthews Track & Field Scholarship
Robert and Teresa Miller Endowed Scholarship for Men's Basketball
The Pardee High Performance Player Fund for Field Hockey
The David and Cynthia Scherr Endowed Scholarship for Football
Russell L. and Sharon E. Shipley Endowment
Helen, Bill and Susan Stewart Endowed Women's Softball Scholarship Fund
Truntich Family Endowed Athletics Scholarship
The Katherine M. Waters Endowed Scholarship for Women's Basketball
The William P. Zimmerman Endowment
Partially-Endowed Scholarships Alvin L. Aubinoe, Jr. Memorial Scholarship
joe f. blair Scholarship
Bill and Eileen Campbell Memorial Fund
Albert P. Carey Track Fund
Robert J. & Mary Charlotte Chaney Endowed Golf Scholarship
The William T. Coakley Scholarship
The Frank Cronin Memorial Endowment
B. Gary Dando Scholarship
Andrew Devlin Memorial Golf Scholarship
Coach Charles "Lefty" Driesell Endowed Scholarship
for Men's Basketball
Ben Dyer Memorial Golf Scholarship
Gail Segal Elmore & Leonard Elmore Scholarship
John Ennis Fund
Jack Faber Memorial Lacrosse Scholarship
Fastbreakers Basketball Scholarship
Dr. McGregor Ferguson Endowed Scholarship
David Finkelstein Memorial Scholarship
Anne & Albert Girod Scholarship
Lawrence Grabenstein Endowed Scholarship
John R. and Linda P. Greene Endowed Scholarship
Dean & Etta Ray Griffin Scholarship
Holliday Endowed Scholarship for Athletics
Michael E. Johnson'74 Track & Field Endowed Scholarship
Barry S. Kessler M.D. Endowed Scholarship in Women's Basketball
Stanford A. Lavine Scholarship
Mary L. Lucas Founding Rebounder- Endowed Scholarship for Women's Basketball
Coach Bud Millikan Endowed Scholarship for Men's Basketball
Mills Family Scholarship for Athletics
Coach Robert Nelligan Endowed Scholarship
The Potter Endowed Scholarship
Antonio Pizzigati Memorial Scholarship
The Barbara C. Quinn Basketball Scholarship
John Rymer Endowed Scholarship
Haskell W. Smith Athletics Scholarship Endowment
Louis & Nancy Tacchetti Scholarship
Toy Scholarship for Athletics
Milton and Katharine van den Berg Endowed Fund
Vellano Family Scholarship Fund
Scott Venturelli Baseball Scholarship
1975 National Championship Maryland Lacrosse Scholarship