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Overview

Last updated August 2024

PDF of this policy:

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nameCOLA Endowment Policy July2024 final.pdf

The College of Liberal Arts (COLA) awards endowed chairs, professorships, and fellowships as a means of recognizing excellence in research and teaching. It also awards endowments as an incentive to recruit faculty members to the University and as a means of retaining outstanding faculty. Based on donor criteria, some endowments are designated for faculty in specific departments and may be assigned by the dean to be managed by those departments, although authority for final approval of appointments and renewals remains with the dean and provost. Other endowments have award criteria that span multiple fields or departments and are available to faculty across the college. Holders of endowed academic positions are stewards of the endowment for a defined period of time and are subject to periodic evaluation to ensure continued excellence in all areas.

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