The Value of Endowment
Endowment funds at Colorado State University are vital for recruiting the best students and faculty, generating innovative research and programs, and enhancing CSU’s mission to provide a world-class education for generations to come.
Guidelines for Naming Endowed Funds: Endowment Minimum Policy
Endowment levels indicate the minimum funding required from donors. Each chair, professorship, or other endowment may need to be funded at a higher level to meet the needs of a specific program. According to the current spending policy of the Colorado State University Foundation, 4.25 percent of an endowment’s market value is available for allocation annually. This policy (excluding the percentage of allocation), is subject to change at the discretion of the Vice President for University Advancement. The allocation percentage is subject to the discretion of the CSUF board and not VPUA and is voted upon annually by the CSUF board.
$6 MILLION – PRESIDENTIAL CHAIR
This designation is accorded to the select number of faculty and administrative professional staff judged to be truly outstanding scholars, researchers, leaders, and/or teachers, according to rigorous, nationally accepted standards. The title of Presidential Chair is the highest and most prestigious honor Colorado State University may award to a faculty or administrative professional member. Presidential Chairs at Colorado State, as at other prestigious universities, constitute that small cadre of exceptionally gifted leaders whose names evoke immediate acknowledgment and respect in academic and professional circles. Annual allocations from the endowment are expected to fund the salary, benefits, research, and operational costs for the position.
$3 MILLION – UNIVERSITY CHAIR
This designation is accorded to that select number of faculty and administrative professional staff judged to be outstanding scholars, researchers, leaders, and/or teachers, according to rigorous, nationally accepted standards. The reputations of recipients reflect their special creative and/or research contributions, as well as their efforts in shaping the world understanding of their fields. Annual allocations from the endowment are expected to fund the salary, benefits, and operational costs for the position.
$1.5 MILLION – COLLEGE CHAIR
Recipients of these chairs must have demonstrated significant contributions to their fields through exceptional teaching, research, leadership, and/or scholarly excellence. These individuals are expected to be of national stature with an established track record of achievement. The annual allocations from College Chairs supplement salaries and/or operations of these great leaders. A college must commit an appropriate level of funding to cover the base salary, benefits, and operational costs for the position (i.e., the college or unit must have the full salary line covered for a College Chair).
$750,000 – University Professorship
This designation is intended to enhance faculty and administrative professional positions held by scholars/teachers with outstanding qualifications. The achievements and qualifications of University Professors are expected to be extremely high, setting them apart from the majority of their colleagues. Earnings from these endowments supplement faculty salary lines (i.e., the college or unit must have the full base salary line covered for a University Professorship).
$375,000 – College Professorship
These professorships are typically held by gifted faculty members and administrative professionals whose accomplishments indicate great potential. Their efforts are focused on honing their teaching skills and on carving out areas of research or performance. Earnings from these endowments supplement faculty salary lines (i.e., the college or unit must have the full base salary line covered for a College Professorship).
$250,000 – Endowed Visiting Lecturer or Artist Fund
This designation is reserved for those select and accomplished leaders who are invited to lecture or teach at Colorado State University for a limited period of time and who are not permanent members of the Colorado State faculty. Funds may be used to pay for stipends, travel, or other appropriate business-related expenses.
$50,000 – Endowed Graduate Fellowship or Program Fund
Fellowships are awarded to students performing research on campus. These fellowships enable outstanding students to continue their pursuit of research at the graduate level. Funds may be used to pay for stipends, travel, or other appropriate business-related expenses.
$50,000 – Presidential Endowed Scholarship or Program Fund
Scholarship or program endowments support students or programs in any of Colorado State University’s colleges or units. Donors can designate the program, department, and/or college in which the scholarship is awarded as well as provide specific designations such as GPA, financial need, class year, merit-based, and any other appropriate criteria.
$25,000 – University Endowed Scholarship or Program Fund
Scholarship or program endowments support students or programs in any of Colorado State University’s colleges or units. Effective Oct. 1, 2014, for scholarship endowments at the $25,000-$49,999 level, the donor may designate only the college, department, major, and/or program in which the scholarship is awarded; all other appropriate criteria will be designated by the college/unit. For a Program Fund, the donor may select specific criteria when the fund is at or above the $25,000 minimum level.
All scholarships prior to Oct. 1, 2014, will be grandfathered, and/or any donors who have already demonstrated intent (written correspondence) to create a scholarship agreement also will be grandfathered and exempted from the new policy. Only at the $50,000 level and beyond, may a donor specify appropriate scholarship criteria beyond program, department, or college-/unit-level criteria, e.g., GPA, financial need, class year, merit-based, and any other appropriate criteria. Also, if at any time a scholarship account reaches $50,000-plus as a result of additional funding and not through investment earnings, the donor may request appropriate scholarship criteria beyond program, department, or college/unit criteria.