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FSU / Arts and Sciences / Alumni and Friends / Leverage Your Gift with State Funds
Leverage Your Gift with State Funds
The Florida Legislature enacted the Major Gift Challenge Program to encourage partnerships between the private sector and state universities. This program matches private endowment gifts, as funds allow, to support libraries, instruction, research programs and endowments with a specific purpose. Gifts are matched based on the following percentages:
| Amount of gift | Percentage of gift that is matched by the state |
| $100,000 to $599,999 | 50% |
| $600,000 to $1,000,000 | 70% |
| $1,000,001 to $1,500,000 | 75% |
| $1,500,001 to $2,000,000 | 80% |
| $2,000,001 or more | 100% |
The Legislature appropriates a limited amount of funds, varying annually, to be held in trust for matching private contributions which are given for approved purposes. Once a gift has been received, the university applies for matching funds. Investment income that is distributed from the total endowment supports, in perpetuity, the scholarly activities outlined in an agreement with the donor.
