Named endowments bring honor to those who are beneficiaries of the endowment and to the person for whom the endowment is named. Endowed Scholarships Endowed scholarships in the GE Department include the Edward S. Fraser Award, Alumni Award for General Engineering Students, Dorothy B. and Donald W. White Scholarship, and the Jerry S. Dobrovolny Award.
Endowments create many opportunities and add to the prestige of an academic program.
Endowments can be established through outright gifts, through bequest or deferred gift arrangement, or through a term funding agreement. Companies that provide matching gifts are particularly well suited to term funding agreements. Endowed Chair Endowed chairs are the highest honor the university can bestow o prominent faculty members. The income from endowed chairs may be used to provide salary support, and it may help to fund much of the professor's teaching an research requirements. Named College Professorship Endowed professorships help attract and retain promising scholars early in their careers.