UC Endowment Fund

On the 130th anniversary of the founding of the Catholic University in Chile, the University launched a fundraising campaign to create an endowment fund, which will allow the University to expand and deepen its work with greater autonomy and a longer-term vision.

The latest QS World University Rankings places the UC as 121st among the world’s universities, and confirms UC’s position as the leading university in Chile. The University needs an endowment if it is to continue building a quality institution, with international projection that contributes to the development of Chile and the region.

Sava Thomas, the President of Friends UC, noted that she and the other board members applaud the UC Endowment initiative: “Many universities from other countries in the same category as UC have endowments that allow them to have confidence in their future funding, without having to depend on the State or others for support. We think it is very important that a university of the size and quality of the UC have a project of this type that will help to ensure its future”.

The endowment is directed to three areas: (1) academic development, especially the hiring of new professors, (2) research and innovation on issues of national and global importance, especially in those academic areas where Government funding is insufficient or non-existent, and (3) financial aid to vulnerable students who have the talent, but lack the resources to pursue their dreams.

The first goal was to raise $30 million by 2019, which was met thanks to individual -mainly UC alumni- and business contributions. Since then, a Financial Reserve Fund of approximately $48 million has been formed, comprising received and committed funds. The next goal is to collect the equivalent of US $50 million by 2025.

For more information visit the web page https://donaciones.uc.cl/

Renowned Chilean journalists call to donate to Endowment UC.