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NEWS


For immediate use

Oct. 15, 2003 -- No. 546

UNC faculty members named to distinguished professorships

CHAPEL HILL -- From June through September, the University of North Carolina at Chapel Hill named 30 faculty members to endowed professorships, designations created through gifts to the university and which recognize excellence in teaching and research.

A key goal of the university’s Carolina First campaign is to create 200 new endowed professorships. Including the most recent designations, the university has created 105 thus far in the campaign. Carolina First is a comprehensive, multi-year private fund-raising campaign to support Carolina’s vision of becoming the nation’s leading public university.

Gifts for endowed professorships are invested, and a portion of the investment income supplements the professor’s salary. Endowed funds provide a permanent source of income because the principal is not spent, university officials said.

Overall, the university has 445 professorships in place or in the process of being funded. Gifts to establish professorships may be supplemented with matching funds from the state’s Distinguished Professors Endowment Trust Fund, established by the N.C. General Assembly in 1985.

The oldest continuously endowed chairs at Carolina are the Mary Ann Smith professorships in chemistry, established in 1891. Smith made her will in 1861, leaving half of her estate to Carolina for endowment of "such a chair as shall teach both the science of chemistry and its experimental application to the useful arts."

Following are the distinguished professorship designees approved by the Board of Trustees from June through September, listed by academic affiliation:

College of Arts and Sciences

Kenan-Flagler Business School

School of Dentistry

School of Education

School of Medicine

School of Public Health

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News Services contact: Deb Saine, (919) 962-8415 or deborah_saine@unc.edu