An endowed position is a distinction awarded by the University to a scholar in recognition of past and potential original contributions to the individual’s academic discipline. In addition to the academic honor given to the individual, an endowed chair, professorship, or lectureship provides funding for support of his or her teaching, research, and service responsibilities and is supported from income from an endowment fund. Income may also be used to support the base salary of the endowed position. An administrative chair is intended to provide funds for a department, school, or research unit, and may be held simultaneously by the current administrative dean, department chair, or director of an academic or research unit.
Endowed chairs provide funds which enable Shepherd to attract, recognize and retain exceptional scholars and academic leaders. The funds allow Shepherd to attract the highest level of academicians and to retain our exceptional faculty scholars without relying on limited state funding.
Endowed professorships make us competitive with other institutions to attract, recognize and retain distinguished scholars by funding their academic endeavors.
Formal presentations on campus by distinguished guest lecturers, researchers, and creative and performing artists will greatly enhance Shepherd’s curriculum, reflecting Shepherd’s commitment to providing an excellent educational experience within the university and the greater community.
*Higher sums may be required to establish chairs in certain disciplines.
** The Scholar position is used to help create Endowed Chairs, Professorships, and Lectureships.
Several endowed funds have been established through the Foundation to support faculty excellence. Charitable gifts to create the named funds are permanently invested to provide a perpetual source of annual awards. Endowments may be established with a minimum gift of $25,000. Donors may choose to make a pledge over 3-5 years or make a deferred gift to provide the funding. Deferred gifts include bequests or other planned gifts such as naming the Foundation as the beneficiary of a trust, annuity, or insurance policy.