Sustenance Funds will be applied towards the university operations i.e., staff and faculty Salaries and other expenses. So, these funds will be fully consumed during the year.
Giving Categories
GIVING CATEGORIES
Sustenance Funds
Capital Funds
Capital gifts will be used for the construction, maintenance, and upgrade of physical assets, campus facilities, and buildings. They will also be fully consumed once the permanent assets are created.
Endowment Funds
Endowment funds will be invested in the markets, and only the earnings from these endowments will be spent during the year. The original endowment will be preserved for the future.