The endowment provides a permanent income stream for all aspects of College operations.
NEW: The NJC Endowment includes many individual endowments, often established to honor individuals and benefit judges of certain types or from specific locations. Here is a list of them.
The NJC Endowment is invested with the Commonfund. As of December 31, 2018, the value of the endowment stood at $14,748,329.
How is the NJC Endowment managed?
The Board Committee on Finance/Audit has the responsibility, subject to the Board of Trustees’ approval, to guide the investment of the College’s assets.
The College’s endowment has a spending policy not to exceed 6.0% of assets, based on a five-year rolling average. The Board of Trustees appropriates amounts as part of the annual budget.
What are the funds used for?
The endowment funds are used to underwrite College operating expenses, the development of new courses, academic programs and scholarships.
How can I give to the Endowment Fund?
Gifts of any amount may be added to the Endowment through:
- A donation given at any time
- Bequests (a designation in one’s will or living trust)
- Life insurance proceeds
- Assignment of certificates of deposit
- Transfers of property such as cash, stocks, bonds and real estate
- Memorial gifts in the name of a family member or friend
- Beneficiary designation in an IRA or other retirement plan
When you establish a named endowment fund, you create a permanent legacy of support from your family or organization for the NJC.
How can I establish a new endowment in my name, in the name of a loved one or colleague, or for a specific purpose?
A minimum donation of $50,000 is required to establish a scholarship fund and $100,000 to establish a programming fund at The National Judicial College. Please contact the Advancement Office to get started today!
The National Judicial College
Judicial College Building/MS 358
Reno, NV 89557
The NJC is a 501(c)(3) non-profit educational organization. Tax ID #942427596. Gifts are tax-deductible as provided by law.