Endowment funds are the foundation that has allowed OU to move into the top tier of American public universities. As of October 31, 2012, the OU Foundation's total endowment was just over $700 million, while the College of Arts and Sciences endowment grew to just over $47 million.
An endowment leaves the principal donation intact, with only the earnings from the investment spent for the purpose designated by the donor. Arts and Sciences donors can create endowments to support a wide range of programs and areas.
Currently, the majority of our endowed funds support named scholarships and faculty positions.
Students are the heart of everything we do at the University of Oklahoma. The opportunity to attend OU has changed thousands of lives since the University was founded. Endowed scholarship support in the College of Arts and Sciences will improve the lives of deserving young people for generations to come, with only the earnings expended each year, leaving the principal intact.
Scholarship endowments can be created with at least $10,000, which will support one $500 award each year. They can be restricted to a favorite department or school or be left unrestricted to be used where they are needed most.
Leadership Scholars scholarship endowments of at least $30,000 allow the College of Arts and Sciences to recognize top students with awards of $1,500 per year. The Leadership Scholars Program recognizes undergraduate students in the College who have a meritorious record of academic achievement and university or community leadership or service. Leadership Scholars interact with accomplished mentors and attend monthly meetings to discuss leadership and other issues with special guest speakers. The Leadership Scholars also serve as the College’s ambassadors during special events such as meetings with alumni and other invited guests.
Endowed Faculty Positions
The quality of our faculty is the foundation upon which academic excellence is built. Private gifts to establish endowed faculty chairs are key to recruiting, retaining, and rewarding outstanding faculty.
Endowed faculty and chair positions allow OU to recruit and retain highly regarded teachers and researchers – the kind of individuals who can take existing programs to a new level. In many cases, these faculty members are catalysts to draw other outstanding faculty, additional research dollars, top graduate students, and post-doctoral fellows.
Endowed Professorships can be established with a gift of $500,000 while Endowed Chairs are $1,000,000. Additionally, donors can endow a Presidential Professorship in their names or as designated with a gift of at least $200,000.
For any questions about any of these areas of giving, please contact Eric Melton at (405) 325-3724.