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Endowments

Endowed faculty fellowships, professorships and chairs provide significant benefits in recruiting and retaining outstanding faculty at the University. These endowed gifts greatly enrich support for the teaching and research activities of distinguished faculty and bring public recognition of their status.


Faculty Fellowships, Professorships and Chairs


Faculty fellowships, professorships and chairs may be used to supplement the base salaries of faculty members as authorized in the endowment. Endowment expenditures must be consistent with the terms of the endowment agreement. The use of endowment funds for faculty compensation in the form of base salary or a supplement to base salary may be allowed.

A faculty fellowship, professorship, or chair appointment is an at-will appointment, subject to the authority of the administrative official, for either an indefinite period subject to review at least every five years (not to be interpreted as life-time) or a limited specified period.


Endowment Appointment Process


For each endowment appointment request, generally the unit should submit to their Dean's/Chancellor's Office the endowment checklist, a letter from the Chair/Director requesting the appointment, the candidate's CV, biographic statement and any other supporting documentation. If approved by the Dean/Chancellor of the School/College/Campus these materials will be forwarded to Academic Human Resources on behalf of the Provost for review and action by the Board of Regents.

If the Provost concurs with the recommendation, the nomination for Professorships or Chairs is submitted on behalf of the President to the Board of Regents. Faculty Fellowships are approved by the Provost.

The Provost will inform the Chancellor or Dean's Office and the candidate of their review decision in writing. The Professorship or Chair appointment cannot be announced until formal approval has been granted by the Board of Regents.


Candidate Biographical Statement


The statement should be submitted along with the Endowment or Fellowship Checklist and other required documentation when forwarded to Academic Human Resources for processing. The summary should include the following:


Endowment Appointment Process Checklists


A checklist is available to guide units through the process and required documentation for appointment to the following appointments:

Checklists can be found in the tools and forms section.


Administration


Chancellors and Deans shall be responsible for administering expenditures related to an endowed faculty fellowship, professorship or chair in accordance with University policies and procedures to assure that administration is consistent with the endowment agreement.