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Endowed Gifts to OBU

Please contact OBU's development office (405-878-2703) if you have any questions about these gift options. All of these options can be created through a one-time gift or funded by multiple gifts over a period of years. Please click on link at left to learn how to make a gift.

Scholarships
An endowed scholarship requires a minimum corpus of $10,000. Earnings from the corpus provide for an annual scholarship award. Scholarships can be awarded based on a variety of factors (academic disciplines, geographic area, financial need, etc.)

Lectureship
The lectureship is a temporary appointment, usually given to a visiting scholar or speaker during a select visit to OBU. The endowment required for a named lectureship is $50,000. These lectureships can address certain academic disciplines, subject matters or other areas of academic thought/discussion.

Professorship
The endowed professorship is an partially-funded post which is awarded to a professor who is prominent in his or her field, an outstanding teacher, and one who has demonstrated exceptional ability in the selected academic discipline. The endowed academic professorship can be endowed for $250,000 and named for or by the donor. The endowment will be used to enhance salary, benefits, and certain expenses, such as travel, research, or secretarial assistance.

Chair
The endowed chair is similar to the endowed professorship in terms of the assistance provided, except that it is the highest funded endowed post. The faculty member holding this position is considered to be one of the most distinguished faculty members on the University campus. This position can be endowed for $500,000.

The tradition of academic posts supported by special endowed funds has existed for several centuries. The special distinction created by endowed academic posts is often more enduring than bricks and mortar projects.

Among the oldest academic designations are the Regius Professorships at Oxford University established in 1546 by Henry VIII. Today, more than four centuries after their establishments, these posts are among the most honored positions in English academic life. In the United States, most colleges and universities of excellence have endowed professorships, the first having been created at Harvard more than 200 years ago by a London merchant, Thomas Hollis.


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