We are delighted to announce the creation of the Washin Kai Endowed Program Support Fund, a community-funded endowment at the University of Washington, that will be held in perpetuity, ensuring the future of the study of classical Japanese language, literature, and culture at the UW. Please join us to help grow this fund to become a vital source of funding for future generations of scholars and students.
WHAT ARE ENDOWED GIFTS AT THE UW?
An endowed gift is a donation that is given with the intent to preserve the original value of the gift and to grow it over time. The funds are held in perpetuity and invested in the university’s Consolidated Endowment Fund, and the accumulated appreciation and income on the investment is used to fund an annual distribution. Through this dedicated stream of income, an endowed gift ensures the stability of a program, scholarship, or professorship.
WHY ARE ENDOWMENTS IMPORTANT?
An endowment provides a permanent source of funding for the university to support professorships, scholarships, research, schools, departments, programs, and more. This allows the university to plan for the future and make multi-year commitments to students and faculty members. Thus, endowments are essential for maintaining and enhancing the university’s reputation for excellence in teaching and scholarship.
WHAT IS THE WASHIN KAI ENDOWED PROGRAM SUPPORT FUND AT THE UW?
Washin Kai, also known as Friends of Classical Japanese at UW, is a group of volunteers from the Puget Sound community with strong ties to the University and to Japan. Washin Kai was formed in the spring of 2018 to preserve and strengthen classical Japanese studies at UW. The Washin Kai Endowed Program Support Fund is an opportunity for members of our community to invest together in educating young scholars about classical Japanese language, literature, and culture. This endowment will transform the classical Japanese studies program at UW. It will provide vital program support for students and faculty to engage more deeply with the language, literature and culture of premodern Japan through a variety of ways, including teaching, research, study, and community outreach.
Our goal is to reach $1,750,000 that will provide a distribution of $63,000 a year at the current payout rate of 3.6%, to support classical Japanese studies. Gifts to the endowment can be made in any amount. Pledges can be made in the amount of $5,000 or more and can be fulfilled over a period up to 5 years. Donors who make a gift of $1,000 by the end of June 30, 2023, will receive recognition as a Founding Donor of Washin Kai Endowed Program Support Fund.
WAYS TO GIVE
Please make your check payable to the University of Washington Foundation and indicate that you wish to support the Washin Kai Endowed Program Support Fund. You can mail your check to the following address.
University of Washington Foundation
Seattle, WA 98195
If you are interested in making a multi-year pledge or a gift of securities, please contact Stephanie Kornfeld at 206.616.1709 or email@example.com.
Please join us in making the Washin Kai Endowed Program Support Fund a rich and rewarding source of support for classical Japanese studies. Your gift will be a legacy and an investment for the future. It will not only celebrate Japanese cultural heritage in our community but will also guarantee that classical Japanese language, literature, and culture are taught in our region for many years to come.