Types of Endowed Gifts
Endowed chairs enhance the prestige of an institution. A minimum investment of $1 million is needed to endow a chair. With their highly focused areas of study, endowed chairs attract experts to campus as well as graduate students eager to work with these faculty members. A chair is the most prestigious appointment within the University.
In addition to supplementing a professor’s university salary, money generated from the chair’s endowment supplements the salaries of other faculty members in the research group. It can also support a technician or researcher for the group as well as administrative and operational support. A team like this is positioned to succeed and promote a field of study or interest.
Currently there are 25 endowed chairs at NMSU. Opportunities exist in all areas for additional endowed chairs.
Endowed professorships require a minimum investment of $250,000. A named professorship can provide the holder with more resources to advocate for his or her special program. It speaks to the academic reputation of the faculty member who holds a named professorship. Funds to support professorships will help NMSU retain talented faculty who are in demand by other universities and the private sector.
Currently there are 37 named professorships at NMSU. Opportunities exist in all areas for additional named professorships.
Endowed Scholarships are a unique way to not only create a legacy of your own at NMSU, but provide perpetual funding for students earning a degree. A minimum investment of $25,000 can begin the process of establishing a named scholarship endowment.
Contact the NMSU Foundation at (575) 646-3616 or 800-342-6678 for more information on any of these endowed gift opportunities.