What is an endowed chair?
An endowed chair is a distinguished academic position that is funded through an endowment and is established to recognize leadership to promote academic excellence.
Why have an endowed chair?
An endowed chair provides assurance to the university and to the program that the position will be funded into perpetuity, eliminating the uncertainty of budget constraints and fluctuation of funding. The prestige of an endowed chair enriches the university by attracting and retaining highly qualified faculty.
How can the endowed chair be funded?
The Frances A. Karnes Endowed Chair in Gifted Education will be funded by those individuals who share Dr. Karnes’ vision of meeting the educational needs and challenges of gifted students. Donors may include, but are not limited to, former students, parents, teachers and graduate students who worked with Dr. Karnes, and other supporters of The Frances A. Karnes Center for Gifted Studies.
What is our funding goal?
The primary funding goal to establish The Frances A. Karnes Endowed Chair in Gifted Education is $1 million cash and $2 million in planned gifts. Although all gifts are appreciated regardless of amount, the cash goal may be accomplished by 100 donors, each committing $10,000 or more. Payments may be made in installments of up to 10 years. Planned gifts may be made in any amount to the endowed chair through the bequest in your will, irrevocable life insurance policy, gift annuity, life estate or charitable remainder trust.
How do I initiate a gift?
Farsighted and generous friends of gifted education may initiate a gift by contacting the development officer for the College of Education and Psychology. Request for information on giving should be directed to:
The University of Southern Mississippi Foundation
118 College Dr. # 5210, Hattiesburg, MS 39406-0001
The Foundation is located on the third floor of the Trent Lott Center for Excellence in Economic Development and Entrepreneurship.