Minutes of a Regular Meeting, June 22-23, 2004 - Digital Collections

REGENTS’ POLICY MANUALSECTION 7 – UNIVERSITY DEVELOPMENTreturned to the principal. Earnings not returned to the principal may be encumbered to provide monies forrecruiting, start-up funding, equipment, or supplies for the appointee.Endowed faculty positions will be effective when the full donor funding component is received.For all endowed faculty positions, the dean will be the principal account sponsor and a University orThe University of Oklahoma Foundation Inc., representative, as appropriate, will be second accountsponsor.Named Endowed Chair — Requires a minimum endowment of $1 million, which can be providedentirely from private sources or through $500,000 in private funding matched by $500,000 from theOklahoma State Regents’ Endowment Program.Named Endowed Professorship — Requires a minimum endowment of $500,000, which can beprovided entirely from private sources or through $250,000 in private funding matched by $250,000from the Oklahoma State Regents’ Endowment Program.Named Presidential Professorship — Recommended endowment of $150,000.Named Endowed Lectureship —Recommended endowment of $100,000.Annually Funded Named Professorship — Requires a minimum annual gift of $50,000.Named Research Endowment — Requires a minimum of $50,000. Earnings will provide researchstipends and/or grants for faculty.Named Endowed Research Award — Requires a minimum endowment of $50,000 and will be usedto recognize and encourage excellence in scholarly or scientific research.Named Endowed Superior Teaching Award — Requires a minimum endowment of $50,000 andwill be used to honor excellence in teaching.7.3.5—ENDOWED GRADUATE STUDENT POSITIONSA strong, competitive graduate program is important to the University’s mission as a majorcomprehensive research university. An important component in attracting outstanding graduate students isthe University’s ability to provide competitive stipends and fellowships.Named Endowed Graduate Research Fellowship —Recommended endowment of $150,000.Named Endowed Graduate Fellowship —Recommended endowment of $100,000.Named Endowed Graduate Scholarship —Recommended endowment of $50,000.THE UNIVERSITY OF OKLAHOMA 311