SIPA Student Support Initiative
Broaden your impact
With your participation, SIPA can provide increased funding to more students, attracting the best and brightest candidates from across the globe, improving their educational experiences, furthering their careers, and ultimately, creating a better world for all, now and in the future.
Greater Access, More Opportunity
SIPA’s talented applicants are both highly diverse and remarkably similar. They all come to SIPA with a common drive to excel, aspiring to both understand and shape the world by engaging with global public policy issues.
We need to do more to meet their commitment, especially with an eye to providing greater access. Our surveys indicate that, even when SIPA is their first choice, our top applicants often end up choosing to attend peer institutions that, because of more robust endowments, can offer more generous financial aid packages.
By increasing financial aid resources, together we will help make sure that the best students choose SIPA, allowing us to recruit top talent and increase diversity in our student and alumni community.
The SIPA Opportunity Challenge
SIPA thrives on inclusion. We know that our students’ diversity makes us stronger as an academic institution, more understanding of individual differences and perspectives, and more effective at combatting racism and discrimination. And we also know that to ensure diversity, we must do more to secure access for all qualified students.
That is why, as part of SIPA’s Student Support Initiative, alumni and donors are stepping up to increase the number of endowed fellowships we can offer our students. To encourage participation, Columbia University and SIPA have committed $7 million in matching funds to double the impact of the SIPA Opportunity Challenge.
This is a game-changing moment for SIPA. By matching endowed fellowship gifts dollar-for-dollar, the Challenge offers a unique opportunity to double the impact of your philanthropy and help transform SIPA’s ability to award critical financial aid to deserving students – now, and in the future.
How The Challenge Works
Fellowship funds can be either endowed or current use, and both fund types offer distinct benefits. Endowed fellowship funds are permanently invested, increase in value over time, and provide long-term impact for generations to come, while current use fellowship funds are spent in their entirety and offer students immediate impact.
To get the maximum benefit for our students, the SIPA Opportunity Challenge is designed to encourage “blended gifts” that include both endowed and current use funds. Under the Challenge, donors who make a blended gift to create a new fellowship will receive a dollar-for-dollar, 1:1 match for the endowed portion of their gift.
For example, a minimum gift of $150,000, payable in up to five years ($125,000 endowed; $25,000 current use) will receive $125,000 in matching funds, doubling the value of the endowed fund. While the endowed fund is building to its full level, the current use fund will be granted to students annually as a named fellowship award, and the capital growth from the endowed gift will be reinvested in the endowment.
Donors who include SIPA in their estate plans at a minimum level of $500,000 (present value) will receive a $100,000 match to endow a fellowship now, or to add to an existing fellowship fund.
Also, if you have previously endowed a fellowship at SIPA, you can enhance it with an added gift between $125,000 and $1 million (payable in up to five years) and your contribution will be matched, dollar-for-dollar. Endowed gifts by corporations and foundations as well as joint gifts by multiple donors are also eligible.
“I happen to be the first college graduate in my family, and I needed financial assistance. I received graduate assistance at Columbia, making it possible for me to attend and graduate. I want other young people to have that chance.”
— Grace Frisone MIA ’76
“I'm so grateful for the incredibly generous support of my education at SIPA. My family immigrated to the U.S. from El Salvador, and the fellowship I received was so important for someone with my background to be able to access these opportunities.”
— Lucia Diaz-Martin MPA '17
“Fellowship support has given me the once-in-a-lifetime opportunity to join the SIPA community and is helping me to reach my dreams.”
— Desmond Lee MPA ’22
To learn more, please contact Katie Benvenuto, Associate Dean for Development and Alumni Relations, Columbia SIPA, at [email protected].