Endowments Endowments are often referred to as the "gifts that keep on giving." Endowments are perpetual and give donors the opportunity to support multiple generations of students and faculty, thereby making a lasting impact on Stony Brook University. Endowments provide a permanent source of income whose invested interest is used to fund and support the mission of Stony Brook University Department of Athletics. Donors who provide a gift to fund an endowment become permanently linked with the Stony Brook Intercollegiate Athletic program and help support multiple generations of student-athletes. Endowments are permanently invested by the Stony Brook Foundation, and a portion of the income generated by that investment is used for the purpose designated by the donor(s), such as athletic scholarships, supplemental salary support for coaches & administrators, specific programs, discretionary use, or other purposes. Another portion of the income is reinvested each year, enabling the endowment principal to grow, maintain its "spending power" against inflation, and provide a permanent stream of income over time. The principal is never spent and remains intact. For those endowments that have a designated purpose, a committee will review annually and ensure that the donor intent is being upheld and properly recognized. If you are interested in more information regarding endowments, please contact the Office of External Services at 631-632-6312. Stony Brook Athletics Endowed Scholarship Recipients Joel Mitofsky Memorial Scholarship 2009-10: Jordan McBride - Men's Lacrosse Elizabeth M. Desch Athletic Scholarship 2009-10: Alyssa Struzenburg - Softball Wachter Family Athletics Scholarship 2009-10: Tamiel Murray - Women's Basketball Charles Gordon Heuser Memorial Endowment 2009-10: Nathan Fleshman - Men's Swimming Rebecca Sayles - Women's Swimming William J. Burke Scholarship Endowment 2009-10: Brian Dougher - Men's Basketball Deputy Chief Raymond M. Downey Scholarship 2009-10: Steven Schwicke - Football Jonathan S. Ryan Scholarship 2009-10: Tom Compitello - Men's Lacrosse Joel Strum Kenny Athletic Scholarship Endowment 2009-10: Debbie Aller - Women's Soccer Ivan Rummell - Men's Tennis The Jack Foley Scholarship Endowment 2009-10 Taylor Burner - Women's Basketball Howard R. Zern Track and Field Scholarship 2009-10: Hayley Green - Track & Field The Eppenstein Family Scholarship 2009-10: Tommy Brenton |