Pitt | Swanson Engineering

There are many ways alumni and friends can make a gift to the Swanson School of Engineering. For help finding a giving option that works best for you, take a look below.

Types of Funds

Endowed funds are charitable contributions that provides a perpetual stream of income in support of scholarships, fellowships, faculty chairs, instruction, and other important programs or services. They allow major gift donors to establish named funds that will exist in perpetuity and provide permanent support for students within a particular area or for a specific purpose. Minimum endowment levels guarantee that sufficient income will be available to fulfill the donor’s specific intentions. 

Unlike endowed funds, current funds can be distributed in the same year they are received. They are a terrific alternative for those who might have excess funds available each year but who do not have the full endowment minimum to make a gift in perpetuity. Similarly, they are ideal for annual IRA disbursements or lump-sum gifts to fund research projects, travel, or faculty and student awards for a designated number of years.

Establishing your legacy via a scholarship or fellowship is a great way to provide much-needed tuition assistance to the high-achievers, who elevate the University with their exceptional academic performance as students and with the remarkable contributions they make as alumni.

A Legacy Fund is an unrestricted named endowed fund that benefits the Swanson School or a specific department or program within the School, such as the Office of Diversity or Office of Engineering International Programs.

What does a Legacy Fund support?

You may designate your fund to be used by the Dean for school-wide purposes, or to a particular department or program. Unrestricted funds support student travel to conferences, equipment purchases, graduate and undergraduate research, guest speakers, outreach activities and other needs of the school or department, as determined by the Dean. Because your Legacy Fund is pooled with other discretionary accounts, your unrestricted support has a tremendous impact in addressing immediate needs.

What do I name my Legacy Fund?

You may name your Legacy Fund after yourself (i.e. Adam Smith Civil Engineering Legacy Fund), in honor/memory of others (i.e. the Swanson School of Engineering Legacy Fund in honor/memory of Jane Smith), or after a beloved faculty member or friend.

What is the cost to establish a Legacy Fund?

The minimum cost to establish a named endowed Legacy Fund is $50,000. A Legacy Fund may be created in one of the following ways:

  • Outright gift
  • Pledge payable up to five years (i.e. $10,000 per year)
  • Bequest
  • Other deferred method

How much expendable income will my Legacy Fund generate?

Endowed funds at Pitt generate income according to a University policy that is intended to ensure that these funds distribute steady income and their principal grows over time. Only income calculated according to this policy is available to be expended. 

Including the Swanson School in your estate plans is an easy and great way to make an impact! There are many ways to make a planned gift. Visit the University’s website below to find out more information. Remember to contact us if you include us in your estate so we can be sure to allocate the funds properly in the future.

Plan Your Legacy

Credit Card or Check

Make a direct and immediate impact on the Swanson School of Engineering. Use our secure online giving feature to make a gift by credit card.

Stock Transfers

Appreciated securities can be used to make a one-time gift or to fulfill a pledge. Securities can be electronically transferred to the University of Pittsburgh. Gifts of appreciated stock help avoid capital gains tax.

Mail

Send your gift directly to the Swanson School by making a check out to University of Pittsburgh and mailing it to:
104 Benedum Hall  
3700 O’Hara Street  
Pittsburgh, PA 15261 

Estate & Planned Gifts

There are many meaningful options to make an impact through planned giving each with its own tax and philanthropic benefits.

Your support helps foster the next generation of Pitt engineers. Want to make a gift to the Swanson School of Engineering?