An additional 1 percent helps fund the activities of the WSU Foundation. Any income earned by the endowment fund above that is reinvested in the fund. Establishing an endowed fund creates a permanent legacy at WSU's College of Pharmacy. Donors have up to five years to build their support up to endowment level. These donations are matched by the state.
Donors have up to five years to build their support up to endowment level.
These positions support the scholarship and service of a senior faculty member of the College. Professorships qualify for matching funds from the state. This chair is eligible for a match from state funds, and generates permanent support as well from the central university. Endowed chairs allow us to recruit nationally and internationally renowned experts in their field of study. Since state-funded salaries at the College are lower than at most other competing institutions, endowed professorships and chairs are necessary to allow the College to compete for, attract and retain top faculty.