AggieFunded - Kathy McConkie MBA Endowment

Honoring the Legacy of Kathy McConkie

The Katherine Allred McConkie MBA Endowment honors Kathy’s steadfast commitment to student success and the heart she brought to the MBA program in the Jon M. Huntsman School of Business. Known for her genuine care and compassion for every student she worked with, Kathy makes a lasting impact by supporting, encouraging, and uplifting those pursuing their graduate education. This endowment ensures that her legacy of kindness and selfless service continues to open doors for future MBA students.

Through this endowment, the Huntsman School celebrates the values Kathy embodies—dedication, empathy, and an unwavering belief in the potential of others. By providing financial support to MBA students, the fund helps remove barriers and allows future business leaders to focus on their education, leadership development, and career aspirations.

Our Mission
The Katherine Allred McConkie MBA Endowment Fund seeks to support:

• Financial assistance for MBA students in the Jon M. Huntsman School of Business
• Opportunities for students to pursue their graduate education with fewer financial barriers
• The continuation of Kathy’s legacy of compassion, mentorship, and student advocacy
• Long-term support for the MBA program and the future leaders it develops

Continuing Kathy’s Impact
Every contribution to this endowment helps carry forward the spirit of generosity and care that defines Kathy’s work. By supporting this fund, donors ensure that her legacy continues to shape the Huntsman community and empower MBA students for generations to come.

How You Can Help

• Make a gift to the Katherine Allred McConkie MBA Endowment to support current and future MBA students.
• Share this initiative with classmates, colleagues, and fellow Huntsman alumni who may want to honor Kathy’s legacy and support MBA students.
• Stay engaged with the Huntsman School by supporting programs and opportunities that help MBA students succeed.

Your support does more than fund an endowment—it honors a legacy of kindness, strengthens the MBA program, and invests in the future leaders who will carry Kathy’s values forward.

Your gift will be used only for the above-stated purpose if the required minimum endowment level of $25,000 is met by December 31, 2030. If not met, the gift will be considered expendable towards the stated purpose.

The Endowment will exist in perpetuity. If circumstances arise that render the stated purpose of the Endowment (as set forth herein) illegal, impractical, impossible, or wasteful (e.g., a change in law, the elimination of a USU program, position, or course of study, the persistent unavailability of scholarship recipients that meet the criteria, etc.); then, as set forth in this Solicitation, under such circumstances and in keeping with Utah Code 51-8-501(1), USU may designate a new purpose and/or scholarship selection criteria for the Endowment. Any such new purpose shall be defined by USU’s President and Dean of the College.

The Endowment shall be deposited and invested by the Board of Trustees of USU, through the USU Investment Advisory Committee in accordance with USU’s investment policy. The USU Foundation is the legal entity designated by USU to receive charitable gifts in support of its academic mission.

Distributions from the Endowment shall be governed by USU’s Endowment Spending Policy. The spending policy calls for an annual distribution up to 5% (currently set at 4%) of the value of the endowment account to be expended per the gift agreement. An additional 1.5% of the endowment value shall be used to fund the administration of the endowment and USU advancement efforts. All additional gains shall be retained as appreciation and invested along with the corpus to grow the value of the Endowment over time.

By letter dated May 21, 2008, the Internal Revenue Service has declared the USU Foundation (federal tax identification number 87-0627128), to be a duly qualified charitable organization under section 501(c)(3) and also an organization described in sections 509(a)(1) and 170(b)(1)(A)(iv) of the Internal Revenue Code. The Foundation is a duly chartered active Utah nonprofit corporation, under the provision of Utah Code, Title 16, Chapter 6a.