Funds in the Endowment for Excellence are invested by the University and a percentage of interest earned annually (five per cent in 2010) is used to support the cause of each endowment fund. The remainder of the interest is reinvested to ensure capital growth. In this way, scholarships, prizes and research projects funded by the Endowment can continue in perpetuity.
The Endowment for Excellence is overseen by an independent Board of Governors, who report annually to the University's Council on the business of the Endowment. The overall pool of funds and investment strategy for the Endowment is overseen by the University Investment Committee, in consultation with the Director of the Endowment for Excellence.
The Endowment's performance is reported on every year in the Report to Donors.