Vilnius University Life Sciences Center (VU LSC) introduces its Endowment Sub-fund and invites the public, its partners and friends as well as the Alumni community to contribute to the education of the next generation of life science professionals by donating online.
Director of VU Life Science Centre dr. Gintaras Valinčius (left) and CEO of VU Foundation Justinas Noreika, CFA
VU LIFE SCIENCES CENTER
Established in 2016, VU Life Sciences Center is home to three academic branches that take part in joint activities: the Institutes of Biochemistry, of Biotechnology and of Biosciences.
In 2020, Director General of the elite European Molecular Biology Laboratory (EMBL) Prof. Edith Heard signed an agreement with Vilnius University on the establishment of a Partnership Institute in the Life Sciences Center of VU. The Center has strengthened research, studies and technological advance in the fields of biochemistry, biotechnology, molecular biology, genetics, neurobiology, molecular medicine and related areas.
It is a new and innovative center possessing modern laboratory equipment and top-level scientific research services. VU Life Sciences Center has 24 fully equipped rooms, 10 trainee scientific laboratories, 3 computer rooms, 23 modern open access laboratories, also places for individual studies. The Center is open to scientific events in the fields of life and physical sciences, biotechnologies, innovations, higher education policy and STEAM education.
VU Life Sciences Center Endowment Sub-fund is a sustainable and intelligent finance management model, where the received funds are invested in various asset classes and the return on investment is allocated annually to the needs of the center.
VU Foundation’s investment strategy is in line with the best international practice: diversified financial instruments; risk management; investing in a global market. The Sub-fund’s capital is invested together with the main Fund’s capital. An allocation ratio of 2.5% (or individually agreed) is used to calculate the annual payout to VU Life Sciences Center. The part of the investment gain that exceeds the payout is reinvested.
Because of reinvesting, the value of the Sub-fund will grow exponentially over the years. Check out the simulation below on how the initial capital of EUR 100,000 will grow over the next 100 years and what return it will bring to VU Life Sciences Center.
ALLOCATING THE RETURN ON INVESTMENT
The return on investment of the VU LSF Sub-fund will be allocated to strengthen the its strategic priorities: (1) to become an integral part of the European life sciences community: to carry out internationally competitive science and studies; (2) to strengthen the potential of Lithuanian life sciences: to contribute to the development of the life sciences ecosystem in the country; (3) to motivate the Life Sciences Center community: to improve working and study conditions.
DONATE AND SPREAD THE WORD
Make your online contribution quickly and easily. Spread the word among VU LSC community! Contribute to the development of the next generation of of life science professionals.
You can also donate via bank transfer:
IBAN → LT44 7300 0101 7181 2454 (Swedbank)
Payment purpose → Donation to VU LSC Endowment Sub-fund
Recipient → Paramos fondas Vilniaus universiteto fondas (company code 304222713)
For contribution contracts over 14.5 thousand Euro notarization is required. Vilnius University Foundation will take care of it. Contact us in a convenient way.