Endowed gifts
Endowment funds provide the foundation that has allowed OU to move into the top tier of American public universities. At the end of the 2006 fiscal year, OU's total endowment was $880 million, while the Price College of Business endowment grew to $83 million.
An endowment leaves the principal donation intact, with only the earnings from the investment spent for the purpose designated by the donor. Price College donors can create endowments to support a wide range or programs and areas.
Currently, the majority of our endowed funds support named scholarships and faculty chairs and professorships.
Endowed Scholarships
Students are the heart of everything at the University of Oklahoma. Bright, dedicated, talented, determined, and proud to be Sooners, they represent the future of our University, state and our nation.
The opportunity to attend OU has changed thousands of lives since the University was founded. Endowed scholarship support in Price College 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 division or school or be left unrestricted to be used where they are needed most.
Leadership level endowments of at least $40,000 allow Price College to attract top students with awards of $1,000 per semester or $2,000 a year.
Faculty Chairs and Professorships
The quality of our faculty is the foundation upon which academic excellence is built. Private support is key to recruiting, retaining, and rewarding outstanding faculty.
Endowed faculty and chair positions allow Price College 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.
Private gifts to establish endowed faculty chairs and professorships are matched by the innovative Oklahoma State Regents Endowment Program.
Endowed chairs are established with a private gift of at least $500,000, matched by the State Regents Endowment Program, to create a $1 million endowment that is used to recruit faculty on a nationwide basis.
Endowed Professorships are established with a private gift of at least $250,000, matched by the State Regents Endowment Program, to create a $500,000 endowment that is used to retain excellent faculty members or to help recruit nationwide faculty members.
For more information on an endowed gifts, please contact:
Price College Office of Alumni and Development
Lynann Sterk
Development Officer
(405) 325-2500
Kerrie Green
Development Officer
(405) 325-2500