In commemoration of SMU’s Second Century Celebration, donors will have a special opportunity to create endowed faculty positions and endowed scholarships with an immediate impact as well as an enduring legacy.
The Board of Trustees has established new centennial endowments in recognition of SMU’s 100th anniversary. These giving opportunities provide permanent funding as well as operational funds to initiate the faculty position or scholarship quickly.
The special centennial designation will be part of the naming opportunity for donors who establish these endowments with outright gifts during The Second Century Celebration, from January 1, 2011, through December 31, 2015.
Endowed faculty positions play a central role in ensuring the quality of SMU’s academic programs and research initiatives well into the future. Thus far in The Second Century Campaign, donors have established endowments for 20 such positions, leaving 18 remaining to reach the University goal of 100.
During the entirety of SMU’s previous campaign, A Time to Lead, 16 endowed faculty positions were created.
The board has established three funding levels for new endowed faculty positions:
- A Centennial Distinguished Chair may be established with a gift of $3.5 million. Such endowments will enable SMU to attract and retain the most preeminent, nationally recognized faculty and provide funds for cutting edge and innovative research.
- A Centennial Chair may be established for a gift of $2 million, ensuring current and long-term impact for recruitment or retention of leading faculty.
- A Centennial Professorship may be established for $1.25 million. This giving opportunity provides funding for current and long-term recruitment and retention impact.
Endowments for Centennial Scholarships will enable SMU to take further strides in increasing student quality. The University has demonstrated that funds for merit-based scholarships have a direct impact on SMU’s ability to attract top students from around the United States and the world.
Centennial Scholarships may be established with a commitment of $300,000. This partial-tuition scholarship will be awarded to a student for the coming academic year, making it possible for a donor to see the impact of a gift immediately. The endowment can be established for an undergraduate or graduate scholarship. It will provide a stream of income in perpetuity to support the scholarship, leaving a legacy that will continue for generations.
To learn more about centennial endowment opportunities, please contact Linda Preece at 214-768-4863 or firstname.lastname@example.org.