Development

Levels of Endowments

At the end of FY 2006, the University held 312 endowments, up from 296 in FY 2005. Book value of those endowments by end of FY 2006 stood at $87.2 million. Endowments are a critical element in the educational institution’s vitality and quality. UTHSC-H encourages the establishment of permanent endowments to recruit, support and encourage faculty and students, stimulate productive research and build facilities. The UT System Board of Regents gratefully accepts gifts and approves the establishment of each endowment at the minimum levels indicated:

The first five categories of endowed academic positions listed above are held by faculty who are appointed to these positions by the UT System Board of Regents. The appointee, or holder, uses the endowment income both for salary supplementation and for other professional support, including assistance in the holder’s research.

Fellowships are also established and appointees are approved by the UT System Board of Regents. Endowment income may be used to supplement the salary and professional support of a holder. The income also may be used to provide temporary support, not to exceed one academic year, of distinguished scholars who are in temporary residence while participating in planned academic programs; of visiting scholars for special academic programs or purposes; of component faculty who have made unique contributions to academic life or to knowledge in their academic discipline; and of component faculty who have been selected for teaching excellence.

Scholarships and support of other educational activities are vital to the success of an educational institution. These endowments are designated for specific purposes of interest to donors such as support of specific research, awards to outstanding teachers or students, scholarships and student loans and support of specific laboratories, among others.