An Act relative to the endowment match program

This bill mandates $20 million in state funding to continue matching private donations for endowments and capital projects at Massachusetts public colleges and universities. It specifically allocates $10 million to the University of Massachusetts, $5 million to state universities, and $5 million to community colleges. Unused funds for community colleges roll over to state universities, and unused state university funds roll over to the University of Massachusetts. The program requires institutions to secure private donations that the state will match using these dedicated funds.