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  • BoRSF Faculty Endowments

BoRSF Faculty Endowments

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Is BoR approval required for a change in the name or focus area of a faculty endowment?

Categories: BoRSF Faculty Endowments Waivers and Exemptions

BoR and donor approval is required for a focus-area change to an Endowed Chair; a name change requires permission of the donor, but only notification of the BoR. For Professorships, the BoR must be notified of both name and focus area changes, though the donor must approve.

Posted by Karthik Poobalasubramanian on July 25, 2018
Permalink
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How quickly are requests for waiver processed and the campus notified of the result?

Categories: BoRSF Faculty Endowments Waivers and Exemptions

The BoR meets monthly except in July and November. Typically requests received within two weeks of a meeting will be included on the next agenda, though complex, atypical, and/or incomplete requests may take longer for the staff to review and develop recommendations.

Posted by Karthik Poobalasubramanian on July 25, 2018
Permalink
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What is the process for requesting Board of Regents approval for policy waivers?

Categories: BoRSF Faculty Endowments Waivers and Exemptions

A written request must be submitted to the BoR, specifying the provision to be waived and reason(s) for requesting the waiver as well as providing supporting documentation (e.g., donor approval of waiver request, CVs/qualifications of affected personnel, etc.). Staff will place the item on the agendas of the next scheduled Sponsored Programs Committee and BoR meetings.

Posted by Karthik Poobalasubramanian on July 25, 2018
Permalink
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When is System Board approval required?

Categories: BoRSF Faculty Endowments Waivers and Exemptions

Because the System Boards approve establishment of endowments for specific purposes on the campuses under their jurisdiction, their approval is required when an endowment changes type (e.g., from a scholarship to a professorship). Systems may require more restrictive oversight for their campuses, but it is not mandated by the BoR.

Posted by Karthik Poobalasubramanian on July 25, 2018
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