That money would be designated to a program rather than to an individual. This is a way of enriching existing programs but not designating the money to a specific body, he said. Chancellor Touhill commented that we are doing some of that now. Be careful, she cautioned, about tying endowments with programs. Dr. Roth suggested collecting data on the retirement of senior faculty across the System and also senior faculty who leave us across the System by way of making the point that if you are going to have graduate programs, they can t be run just by hiring assistant professors.
Some replacement has to be done at the senior level, as well.
This is, he said, easily forgotten, especially when you are trying to do things on the cheap. If the idea is to increase our research profile, part of it is not only retaining our best investigators but replacing some at a senior level. Dr. Martinich agreed that it would make sense to get data on the current profile of faculty age at different ranks so we can see how many will be reaching retirement age, and recent historical data on people who have left the University with the reason why they have left. He promised to make a point to ask that at the next IFC meeting. The deadline for the second round of the Small Grants competition is January 26, 2001.