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UI, LCSC receive millions from state endowment

Pullman, WALocal News

The Idaho Endowment Fund announced a $7. 25 million investment in the University of Idaho and $4. 2 million in Lewis-Clark State College for fiscal year 2027. This funding is part of a record $117. 3 million distribution approved by the Idaho Board of Land Commissioners.

The Idaho Department of Lands oversees approximately 2. 5 million acres of endowment land, which is held in trust for financial support of various beneficiaries. Endowment beneficiaries include Idaho’s public schools, colleges, universities, and veterans’ homes, highlighting the broad impact of these funds. The investment underscores the state's commitment to enhancing educational funding and resources. Higher education institutions in Idaho rely on such distributions to support programs and initiatives.

This financial support is crucial for maintaining and improving educational standards in the state. As Idaho continues to invest in its educational infrastructure, these funds will play a vital role in shaping the future of its students.

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