But the center is not waiting until its endowment is fat enough to sustain it on its own. Rather, the money that is being brought in from the first donors is getting spent on current projects. CID is also using money from its allotted portion of HIID's endowment. Now that the University is distributing different HIID programs among the graduate schools, it is likely that some will be absorbed and restructured by the School of Public Health and KSG. Sievers says she does not know whether any more of HIID's endowment will then be apportioned to CID.
And according to both Sachs and Sievers, more money will need to come from somewhere. The $30 million sum coming from HIID's original allotment and this current fundraising drive may not cover expenses.
"We have the capacity to expand beyond any endowment it seems these days," Sievers says.
Right now, Sachs says he plans to use the endowment to fund several senior professorships. The search for three new professors is already underway.
In addition, they hope the return from the endowment will someday be able to cover the operating budget.
But for now CID is relying on generous donors.
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