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University of Balamand > Administration > Administrative Offices > Development > Supporting The Projects > Endowments

Endowments

​While all donations to the University are deeply appreciated, the quality of medium and long term planning for the development of the university depends, in large measure, on its ability to forecast funding that will become available on a dependable and continuous basis. The Endowments Program is a reserve fund which is invested by professional firms on behalf of the University, the proceeds from which constitute a major source of dependable income that can be applied by the administration for continuity and growth where these are needed most.

All major universities in Lebanon have sizeable endowments which have been built over time. Universities in the United States often have endowments that reach many millions of U.S. dollars. Over the past 20 years, the University of Balamand has built a modest endowment reserve, thanks to the generosity of donors. Proceeds from this program, along with tuition fees, have been the bedrock upon which the university depends for managing various aspects of its finances and planning further development.

Because of proven utility of this Fund, the University of Balamand is seeking to add fifteen million U.S. dollars to its current reserve as the best assurance for continued growth and development of the University and the services it offers.​​

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University of Balamand,
Balamand Al Kurah,
Lebanon

Tel:  +961-6-930250
Fax: +961-6-930278