Faculty Support | Development Office

Endowed Chair

$1,000,000 minimum

This is one of the most prestigious endowments at any college of the university or health sciences center. The donor is allowed to name an endowed chair in the college or program of his or her choice. Typically, this income is spent to supplement the chair holder's salary, as well as provide additional income for special purposes.

These special purposes could include:

• the purchase of special publications for the library that would complement the particular professor's work
• the hiring of graduate students to assist the professor in research projects
• or the involvement of post-doctoral students in the particular discipline.

Funds could also be spent to buy special research equipment not available through the annual budget. If the chair is for research, income could be utilized for that purpose as well.

The chair would be permanent and always supply income to the designated college or program.

Endowed Professorship

TTU - $500, 000 minimum

This endowment is a smaller version of the Endowed Chair. It is a wonderful method to reward junior faculty who are doing an outstanding job of teaching in their particular field. The income from this endowment would be utilized more frequently in the supplementation of salaries and less frequently for the other purposes available through an Endowed Chair.

Endowed Lectureship

$250,000 minimum

This endowment provides permanent funds to offset expenses incurred in bringing distinguished lecturers in a particular field to Texas Tech to speak to students and faculty.

Unrestricted Endowments

$10,000 or more

These endowments can be used in whatever manner and for whatever purpose is most needed by Texas Tech at that time, as determined by the Regents and Administration of Texas Tech. These endowments are extremely valuable in that they allow Texas Tech the flexibility to address pressing needs as they arise.