MONROE, La. — The University of Louisiana Monroe Foundation (ULM Foundation) announced that is has established new endowments for faculty and students.
The endowments created will amount to $4.4 million, with $2.64 million coming from private donations (60%) and a $1.76 million match (40%) from the Louisiana Board of Regents Support Fund, pending approval.
“Support for research becomes increasingly important as ULM matures further as a doctoral university,” said Susan Chappell, Executive Director of the ULM Foundation and Alumni Relations. “With state funding for higher education decreasing, the ULM Foundation has been contributing to this support by seeking private donations that establish endowments for faculty chairs, faculty professorships, and graduate student scholarships. We have also been working to make sure that higher education remains broadly accessible by seeking private donations for endowed first-generation undergraduate scholarships.”
The Louisiana Board of Regents Support Fund (BoRSF) has several programs whose purpose is to “improve the quality of education…[and] enhance economic development.” These programs add state funds to private donations, creating greater endowments. This year’s submissions of requests and proposals to these programs consists of two endowed chairs, five endowed professorships (added to eight others submitted in prior years and pending matches), seven first-generation scholarships, and eight superior graduate student scholarships.
Dr. Eric Pani, Vice President of Academic Affairs, credits Chappell, Joe Jacobs, President of the ULM Foundation Board of Trustees, and ULM President Dr. Nick J. Bruno for establishing and maintaining effective communications so that the fund-raising efforts of the ULM Foundation are coordinated with the needs of the University.
“We are very grateful for the ULM Foundation development officers and Trustees who made the requests that resulted in these donations and the Foundation staff who supported those efforts,” said Pani. “We also thank the generous donors who make possible greater endowments supporting faculty and students at ULM.”
Deans Sandra Lemoine (Arts, Education and Sciences), Ron Berry (Business and Social Sciences), and Benny Blaylock (Health and Pharmaceutical Sciences) were instrumental in identifying the programs supported by the endowments and many faculty members wrote proposals for the chairs and graduate student scholarships.
ULM thanks the following donors–most of them alumni–whose generosity has underwritten these funds:
Doll and Henry Biedenharn Family
Linda and Nick Bruno
Ernest and Sophia Holloway
Linda and Joe Holyfield
T. and Dollie John
Jan and Gary Luffey
David and Sharon Turrentine
Paul and Mary Fink
Kitty DeGree Foundation
Clark G. Boyce
Milton and Bertha Gorn
R. D. Castles
Oscar Cahn & Kurt & Irmgard Fisher
Ted D. Price
James Thom, IV
Ken and Mary Renwick
The ULM Foundation