Use of Earnings from Endowed Professorships

The primary purpose of an Endowed Professorship fund is to support the salary and fringe benefits of the occupant of the Chair. This is the expectation of the Board when authorizing the creation of these funds. Nominal use of the funds may be made to support professional activities of the occupant without prior approval. Deviations from this policy due to extenuating circumstances will be considered by the Dean if not inconsistent with the terms of the donor. Exceptions should be requested in writing from the Dean and should have the support of the Department Chairman.