Endowed gifts insure the future of the Moody Center for the Arts. An endowment is a permanent fund given to an individual or an institution for the ongoing support of that organization. At Rice University, endowments account for approximately 4 percent (depending on year and economic outlooks) and are structured so that the principal amount is kept whole while the investment income and gains are available for use each year to support university activities. Once established, an endowment grows over time and has an impact in perpetuity. For more information on making an endowed gift, please contact Whitney Baskin.