In January 2019, the creation of the UBRP Endowment by alumna Carol Arakaki was announced at the 30th Annual UBRP Conference. While original plans were for the endowment to reach the $25,000 needed to be fully established in 2023, the response of donors has been overwhelming. We are pleased to share that the endowment is now scheduled to reach $25,000 by December 31, 2019. As the endowment continues to grow, it will provide an annual payout, equivalent to 4 percent of the endowment’s balance, that will be used for program support.
A big thank you to everyone who has contributed to make this happen! We look forward to watching the endowment continue to grow to provide support for UBRP students in perpetuity.