Sept. 04, 2003
Officials from the University of Louisiana at Monroe today accepted matching funds in the amount of $40,000 from Dr. E. Joseph Savoie, Louisiana Commissioner of Higher Education. The check presentation was made for ULM's most recent Endowed Professorship funded as part of the Regents Eminent Scholar and Endowed Professorship program. The presentation came at an afternoon press conference held at 2:00 p.m. in the Media Room of ULM's University Library. Endowment funds were received in the name of Hood/DeFatta Professorship in Accounting.
Private donations establishing the professorship were made
"The funds received today will now enable the University to proceed in retaining and attracting the highest caliber of faculty to provide an excellent education for our students. ULM is grateful to these donors for making such a useful contribution to our University," said ULM President James Cofer.
Those being honored through the professorship are longtime University faculty. Dr. Hood was with ULM for 36 years and held the position of head of the accounting department for 34 years, the longest tenure as an accounting department head in the country. Hood was recently recognized as one of ULM's Outstanding Professors for the 2002-2003 school year. Dr. Joseph A. DeFatta was a faculty member at ULM in the College of Business for 28 years. He was an accounting professor until he retired in May 2003.
ULM now has nine $1 million Endowed Chairs, and a total of
44 Endowed Professorships.