Endowment Policy
Endowments
Gifts are managed and invested in accordance with UCLA’s endowment investment policies.
The total return earned in excess of the amount approved annually for payout will be retained in
the endowment principal to protect from the effects of inflation and to allow for growth. At the
discretion of the appropriate campus office, when the payout is not needed for purposes of the
fund, the return of payout may be added to the endowment fund principal. In the event the fund
does not reach endowment minimum; or the program ceases to exist at UCLA, proceeds from the fund
will be utilized in an area and manner as closely related as possible to the original intent and
purposes for which the fund was established.
Gifts for the “Simms Mann Center Endowment in Honor of Dr. John Glaspy” will be re-invested until
the overall fund reaches $250,000.00.
All gifts will be matched, post gift fee, at 20%.
Although the Endowment is intended to exist in perpetuity, unforeseen circumstances may alter or
remove the subject area from the campus academic plan. In such an event, the Chancellor is
authorized to redesignate the purpose of the Endowment, after taking into consideration the
designated endowment purpose.
Questions: please contact
Kate Throneburg
Executive Director of Development
UCLA Jonsson Cancer Center Foundation
Simms/Mann UCLA Center for Integrative Oncology
9-627 Factor Building, Box 951780
Los Angeles, CA 90095-1780
Cell: 424-440-0039
[email protected]