Element Element Element Element Element Element Element

FAQ

  • Yes.  Many alumni and friends provide invaluable assistance to the University by volunteering their time in support of one of the AUB volunteer groups and the dozens of Alumni Chapters and branches around the world.  Contact us at 212-583-7662 in New York and +961-1-738009 in Beirut or by email at advancement@aub.edu.lb if you would like more information about volunteering at AUB.

  • Online
    Make an online gift using a credit card on our secure page.  AUB accepts most major credit cards.

    By mail
    Print the form,  complete it, and mail it to AUB in Beirut or New York.

    American University of Beirut
    Office of Development
    P.O. Box 11-0236
    Riad El-Solh, Beirut 1107 2020
    Lebanon
    Phone: 961-1-366445
    Fax: 961-1-366445

    American University of Beirut
    3 Dag Hammarskjold Plaza
    8th Floor
    New York City, NY 10017-2303 U.S.A.
    Phone: 212-583-7600
    Fax: 212-583-7651
    Wire transfers
    Please use the following information for wiring securities or cash to AUB:

    Beirut Account:
    Bank name: Citibank, NA Lebanon
    Account name: American University of Beirut
    IBAN: LB16011500000000000600224115 (**Please make sure to provide this number in your transaction)
    Account number: 0-600224-115
    Bank Swift Address:  CITILBBE

    New York Account:
    Bank name: JP Morgan Chase
    Bank routing number: 021-000-021
    Account name: American University of Beirut
    Account number: 005-022622
    Swift code:  CHASUS33

    Other gifts
    If you want to make a major gift, an estate gift, a gift of securities, a multi-year pledge, or a gift to support an initiative that you do not see listed above, please call us at (212) 583-7600 in New York; + 961-1- 350-000 x 2546  in Beirut; or email us at giving@aub.edu.lb.

    Help?
    If you have any questions, please email us at giving@aub.edu.lb or call us at +961-1- 350-000 x 2546 in Beirut or 212-583-7600 in New York.  We’re here to help.

  • You can find more information on this link.

  • Yes, to the extent allowable by law.

  • An endowed fund is money that is given to AUB to be invested in perpetuity. An endowed fund can be unrestricted, providing a resource that can be used to meet current university expenses or it can be restricted for specific purposes such as financial aid, PhD programs; equipment for the Medical Center or laboratory; to establish a faculty chair; and/or to name an office, laboratory, or building.

    Only a portion of the money that the endowed fund earns is spent according to the University’s spending policy.  Money that the endowed fund earns that is not spent is reinvested.  This enables the endowment to provide both immediate funding and long-term financial security for AUB.

  • AUB’s spending policy is to annually disburse 4.2 percent of the moving average market value of its portfolio [endowment] over 20 quarters.  We expect that the money that is invested will earn more than 4.2 percent a year and so the size of the endowment would be expected to grow over time, thus ensuring that more money will be available to support the specific purpose of the endowed fund in the future.

  • Donors who decide to contribute to or to establish an endowed fund do so because they want to make a gift that will benefit AUB not just today, but for generations to come as well.

    Many donors who are able to do so also choose to establish a named endowed fund because they want to honor a particular individual in a way that ensures that their name will be permanently associated with AUB.

  • A gift of any size is appreciated – and makes a difference.  Even a small increase in the percentage of people who donate to AUB can help the University secure additional gifts.  Many potential funders, for example, consider whether an institution is broadly supported by its alumni, trustees, parents, faculty, and staff when deciding whether or not to make a gift.

  • The public phase of BOLDLY AUB extends over five years. The Campaign will end in 2022.

  • Yes. Annually, a scholarship reception is held to serve that purpose. Meetings are also arranged based on the donor’s request.

  • Annual gifts are spent during the year in which they are made to pay for current expenses.

    Endowed (also called “capital”) gifts are invested.  The University spends only a portion of the money that the endowment earns and not the endowment itself.  Because the gift itself is not spent, it is available to earn income in perpetuity.

  • Donors may establish an annual named scholarship with a minimum gift of $5,000.  This annual named scholarship will exist and be spent only in the year in which it is established.

    To establish a permanently endowed named scholarship requires a gift of at least $100,000. The amount of the gift is invested. Income from the endowed fund is distributed on an annual basis to support scholarships according to the terms of the endowed fund.  The endowed named scholarship fund will last in perpetuity.

  • Gifts to the Annual Fund provide unrestricted funding for current expenses at the University and its Medical Center. AUB’s Annual Funds (Alumni Fund, Faculty and Staff Fund, Parents Fund, or Friends Fund) are the most important source of unrestricted support for the University.

  • When you make an unrestricted gift, you are leaving it up to the University to allocate funds where the need is greatest. This flexibility enables AUB to meet unexpected challenges and take advantage of unique opportunities. Your unrestricted gift to one of AUB’s annual funds  supports financial aid, the AUB Medical Center, libraries and facilities, teaching, and research.

  • Yes.