An endowment is a permanent fund held by the Texas Tech Law School Foundation and invested to provide income for support. The principal itself is never spent and thus serves as a continuing and reliable source of funds. Through named endowments, the name of the donor or honored person becomes a permanent part of the law school legacy, known and remembered by future generations of law students.
An endowed scholarship provides life-changing opportunities for generations of Texas Tech law students. Established with a gift of at least $25,000, the endowment ensures the expense of the law school does not have to be a barrier to receiving an outstanding legal education at Texas Tech Law.
An endowed professorship provides recognition of a single professor for notable scholarly activity and academic achievement. Established with a gift of $250,000, the endowment supports activity similar to an endowed chair.
An endowed chair position honors distinguished faculty who have exceptional achievement or leadership. Established with a gift of at least $1 million, the endowment supports research, provides for creative scholarship, and may also supplement faculty salaries.