DeGolyer Library strongly encourages alumni and friends to consider establishing endowed funds for rare books. For SMU to compete successfully with other research libraries around the country, a robust acquisitions budget is essential. Whether named for individuals or families, endowed book funds at DeGolyer will provide critical income for the expansion of our collections. Book funds can be completely unrestricted or restricted for certain purposes, for example to purchase materials by a particular author or in a certain field. Endowed book funds are especially useful for building the library collection in previously neglected areas.
As with all SMU endowments, the principal is never tapped and only a percentage of the income in any year is allowed to be spent. This prudent policy provides for present needs and also for future growth. The Director would be happy to discuss endowed book funds with you. According to SMU guidelines, named funds require a minimum gift of $25,000. Donations may be spread over several years. We believe that establishing a book fund at DeGolyer is perhaps the most enduring gift one can make to the University. Litera Scripta Manet. "The written word remains."