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Policy 2104 – Louisiana Board of Regents Support Fund Endowed Chairs Program

Revision Date: 02/27/2020

Last Review: 02/27/2020

Responsible Office: Provost

Reference: Louisiana Board of Regents Endowed Chairs for Eminent Scholars Program Policy, Revised July 1, 2017

Policy:

The goal of the Endowed Chairs Program is to assist Louisiana Tech primarily in attracting, but also in retaining, eminent scholars who, over the long term, will contribute significantly to the enhancement of the overall infrastructure of higher education in Louisiana. 

Endowed Chairs are not filled until earnings have accumulated so that an actual budget can be established. The Vice President for Finance will be responsible for monitoring the earnings and expenditure levels to maintain the integrity of the Endowed Chair. If necessary due to a reduction in income available, Endowed Chair awards may be adjusted from one year to the next.    

The University will follow the Board of Regents Support Fund Endowed Chairs for Eminent Scholars Program Policy, as amended.

Definitions:

None

Procedures:

Nominations

Holders of the Endowed Chairs should be of such quality and professional stature as to provide excellence in leadership and bring national and international recognition to the University.  The basis for the nominations must be carefully documented in the nomination materials. Such documentation shall include specific qualifications of the nominee and proposed professional activities designed to meet the goals established for the Eminent Scholar Chair.

Appointments can be made for one- to five-year terms with reappointment possible. Reappointments will require support documentation and submission through appropriate channels. An Endowed Chair may be filled, in accordance with approved procedures, if an appointment is vacated prior to term completion.

Appointment

  1. Nominations and conditions of appointment must be approved by the Dean, Provost, and President prior to award notification. After such approval, the conditions of the appointment, including term of award, any renewal provisions, any additional salary, and any amounts which can be expended for non-salary items, will be specified in a written letter to the nominee informing him or her of the designation. The determination of the support to be provided will be made in relation to the goals of the holder and the unit.
  2. If applicable, a completed appointment form should be prepared showing the portion of endowed earnings to be allocated as salary supplement. An account and budget from which to expend any funds allowed for faculty development should be established by memo to the Vice President for Finance. Such expenditures must be made in accordance with State and University regulations and approved by appropriate administrators.
     

Recognition

  1. Nominees selected to Endowed Chairs should be identified with the respective Endowed Chair title in news releases, presentations, and publications. An additional sentence “The XXXX Endowed Chair is made available through the State of Louisiana Board of Regents Support Fund” should also be included.
  2. Recognition of donors and interaction with donors and the recipient/unit/college/ university should be promoted.
     

Review

A review and discussion of the established goals and related professional activities for the Endowed Chair will be included as part of the annual faculty evaluation procedure. Failure to meet the conditions of appointment can result in termination of the Endowed Chair.

Reports assessing the accomplishments of each Endowed Chair are to be submitted to the Board of Regents. The respective academic unit will be responsible for preparation of such reports as required.

Policy 2104 – Louisiana Board of Regents Support Fund Endowed Chairs Program

Revision Date: 02/27/2020

Last Review: 02/27/2020

Responsible Office: Provost

Reference: Louisiana Board of Regents Endowed Chairs for Eminent Scholars Program Policy, Revised July 1, 2017

Policy:

The goal of the Endowed Chairs Program is to assist Louisiana Tech primarily in attracting, but also in retaining, eminent scholars who, over the long term, will contribute significantly to the enhancement of the overall infrastructure of higher education in Louisiana. 

Endowed Chairs are not filled until earnings have accumulated so that an actual budget can be established. The Vice President for Finance will be responsible for monitoring the earnings and expenditure levels to maintain the integrity of the Endowed Chair. If necessary due to a reduction in income available, Endowed Chair awards may be adjusted from one year to the next.    

The University will follow the Board of Regents Support Fund Endowed Chairs for Eminent Scholars Program Policy, as amended.

Definitions:

None

Procedures:

Nominations

Holders of the Endowed Chairs should be of such quality and professional stature as to provide excellence in leadership and bring national and international recognition to the University.  The basis for the nominations must be carefully documented in the nomination materials. Such documentation shall include specific qualifications of the nominee and proposed professional activities designed to meet the goals established for the Eminent Scholar Chair.

Appointments can be made for one- to five-year terms with reappointment possible. Reappointments will require support documentation and submission through appropriate channels. An Endowed Chair may be filled, in accordance with approved procedures, if an appointment is vacated prior to term completion.

Appointment

  1. Nominations and conditions of appointment must be approved by the Dean, Provost, and President prior to award notification. After such approval, the conditions of the appointment, including term of award, any renewal provisions, any additional salary, and any amounts which can be expended for non-salary items, will be specified in a written letter to the nominee informing him or her of the designation. The determination of the support to be provided will be made in relation to the goals of the holder and the unit.
  2. If applicable, a completed appointment form should be prepared showing the portion of endowed earnings to be allocated as salary supplement. An account and budget from which to expend any funds allowed for faculty development should be established by memo to the Vice President for Finance. Such expenditures must be made in accordance with State and University regulations and approved by appropriate administrators.
     

Recognition

  1. Nominees selected to Endowed Chairs should be identified with the respective Endowed Chair title in news releases, presentations, and publications. An additional sentence “The XXXX Endowed Chair is made available through the State of Louisiana Board of Regents Support Fund” should also be included.
  2. Recognition of donors and interaction with donors and the recipient/unit/college/ university should be promoted.
     

Review

A review and discussion of the established goals and related professional activities for the Endowed Chair will be included as part of the annual faculty evaluation procedure. Failure to meet the conditions of appointment can result in termination of the Endowed Chair.

Reports assessing the accomplishments of each Endowed Chair are to be submitted to the Board of Regents. The respective academic unit will be responsible for preparation of such reports as required.