BERKELEY • DAVIS • IRVINE • LOS ANGELES • RIVERSIDE • SAN DIEGO • SAN FRANCISCO
SANTA BARBARA • SANTA CRUZ
OFFICE OF THE PRESIDENT
1111 Franklin Street
Oakland, California 94607-5200
Phone: (510) 987-9074
Fax: (510) 987-9086
http://www.ucop.edu
U N I V E R S I T Y O F C A L I F O R N I A
BERKELEY • DAVIS • IRVINE • LOS ANGELES • RIVERSIDE • SAN DIEGO • SAN FRANCISCO |
|
SANTA BARBARA • SANTA CRUZ |
OFFICE OF THE PRESIDENT | 1111 Franklin Street Oakland, California 94607-5200 Phone: (510) 987-9074 Fax: (510) 987-9086 http://www.ucop.edu | |
May 21, 1998
CHANCELLORS
LABORATORY DIRECTORS
VICE PRESIDENT--AGRICULTURE AND NATURAL RESOURCES
Enclosed are the revised Policy on Endowed Chairs and Professorships and the Administrative Guidelines and Procedures: Endowed Chairs and Professorships. The Policy and Administrative Guidelines have been expanded and provide additional flexibility and clarification about the administration and establishment of endowed chairs and professorships, including distinguished professorships and other similar arrangements. The new amount required to establish an endowed chair or professorship shall not be less than $350,000, although higher minima may be established by individual Chancellors.
For endowed chairs and professorships currently being established, campus flexibility to continue current practices is intended. In cases where a gift instrument has not been finalized prior to the effective date of the revised Policy and Administrative Guidelines and where provisions have already been negotiated with donors which may be inconsistent with the new Policy and Administrative Guidelines, campuses may "grandfather" those gifts with the understanding that every effort has been made to structure the provisions of the gift instrument to conform with the newly established endowed chair policy and guidelines.
The revised Policy on Endowed Chairs and Professorships and the Administrative Guidelines and Procedures: Endowed Chairs and Professorships supersede the Policy on Endowed Chairs and Professorships dated March 1996 and the Administrative Guidelines for Campus Implementation of the Regental Policy on Endowed Chairs dated May 16, 1980.
To provide access to the revised Policy and Administrative Guidelines, we have included them in the Academic Personnel manual as APM 191. In addition, they can be found online at: http://www.ucop.edu/acadadv/acadpers/apm/s1-191.html.
Yours truly,
Richard C. Atkinson
President
Enclosures
