Create an Endowed Chair

An endowed chair is a great way to honor a professor who had a major impact on your life. A faculty chair can be established with a minimum of $1.5 million for chairs in existing academic programs and $2 million for professorships in new and high demand fields. 

There are a number of options available to donors to make an endowed chair a reality, such as:

• Using appreciated stock or other marketable assets.
• Using a charitable lead trust (CLT) to provide Knox with a source of funds to establish an endowed chair, then return the assets back to the donor or the donor's family.
• Using a hybrid philanthropy plan to fund an endowed chair over time while providing current operating funds to pay a faculty salary today.
• Establish a chair through an estate commitment.

We will help you create an individualized funding plan for your specific situation.