Building the Financial Foundation
I. DEVELOPMENT INITIATIVES
ENDOWING THE SCIENCES
Act of Determination 4 -- Creating a Development Plan to Endow 12 Professorships in the Sciences
Endowed professorships attract mid-level and senior faculty who can immediately enhance our research productivity and reputation. Additionally, external monies for faculty lines will reduce the financial strain on University resources. Hiring preference will be given to faculty in the health sciences to help build collaborative synergies with the Baylor College of Medicine and Baylor Scott & White Health, for example, and to reduce the unacceptable student major-to-faculty ratio (up to as much as 50:1 in the sciences).
- By Fall 2014 the Dean’s Office, in consultation with the Board of Advocates, Directors of Development in Arts & Sciences, and University Development, will design a campaign strategy for the sciences to endow 12 professorships/chairs in the name of current faculty and/or to create new endowed professorships ($36 M).
- By Fall 2014 Arts & Sciences Marketing and Communications will develop a strategy for the recommended fundraising campaign for endowed professorships.