June 17, 2026

The University of Arizona’s foundation plans to transfer $70 million to the university in endowment payouts, in part to help the institution keep enough cash on hand.

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The University of Arizona plans to transfer $70 million to itself from the university’s foundation, effective June 30, the Tucson Spotlight reported.

Payouts for all non-scholarship endowments will also be transferred to the university from this summer onward, but still in accordance with donors’ “specified charitable purpose,” according to a letter to donors from the foundation’s president and CEO, John-Paul Roczniak.