A gift of $2 million from Mary and Richard Templeton will create a new endowed faculty position in electrical engineering in SMU’s Bobby B. Lyle School of Engineering.
The gift establishing the Mary and Richard Templeton Centennial Chair of Electrical Engineering provides for a $1.5 million endowment and $500,000 in operational support.
The special “Centennial” designation underscores the foresight of donors who recognize the need for operational funds to allow immediate impact while the endowment matures.
“This commitment is meaningful because it comes from a family of engineers who understand the reach of science and technology,” said SMU President R. Gerald Turner. “The Templetons know better than most how their gift will help SMU attract outstanding faculty in this important engineering discipline, and how it will influence students and prepare them to contribute to the engineering profession.”
Richard Templeton is president and CEO of Texas Instruments, and Mary Templeton is a computer scientist. They were together on the SMU campus last May as Mr. Templeton delivered the commencement address at the Lyle School and as their son, Jim, received his own bachelor’s degree in electrical engineering.
“The SMU formula for success is to combine bright, motivated students with talented, innovative faculty members,” said SMU Provost and Vice President for Academic Affairs Paul Ludden. “This gift of an endowed chair gives us the ability to attract and support a strong, academic leader in the field of electrical engineering.”
The search to fill the Mary and Richard Templeton Centennial Chair of Electrical Engineering is underway.
“An outstanding faculty member can spark creative ideas in a student who goes on to change the world with an invention, or lead research that reveals a different way of looking at an old problem,” said Mr. Templeton. “It means a great deal to us to be able to help support that kind of educator.”
“Jim had such a wonderful experience at SMU that we want to help ensure the same access to superior faculty members for students who come after him,” said Mrs. Templeton.
The gift to fund the Mary and Richard Templeton Centennial Chair of Electrical Engineering counts toward the $1 billion goal of SMU Unbridled: The Second Century Campaign, and toward the campaign’s goal to reach 110 endowed faculty positions. To date the campaign has raised more than $902 million in gifts and pledges to support student quality, faculty and academic excellence and the campus experience.
Written by Kimberly Cobb