Recent donors who established endowments at the 杏吧专区 were inducted into the Foundation杏吧专区檚 Distinguished Donor Hall of Honor Wednesday night. The inductees established 15 new endowments including one endowed chair, 11 endowed professorships and three endowed scholarships at UL Lafayette.
These endowments are represented each with a plaque in the Distinguished Donor Hall of Honor at Martin Hall. This year杏吧专区檚 additions bring the total number of plaques in the Hall to 227. Each plaque includes the names of the donors and represents a contribution of $50,000 or more for endowed chairs, professorships, scholarships, athletics and faculty development funds.
杏吧专区 It杏吧专区檚 always a pleasure to recognize our generous donors who place these investments in the UL Lafayette Foundation,杏吧专区漵aid Julie Falgout, Foundation director. 杏吧专区淭he Distinguished Donor Hall of Honor represents the giving nature of this community and this state and each year we are grateful to these donors who have given so unselfishly to UL Lafayette.杏吧专区
The Distinguished Donor Hall of Honor recognizes private gifts given to the university. These gifts, usually in the form of endowed chairs, professorships or scholarships, generate funds in perpetuity.
The principal from the endowment remains in a perpetual fund that continues to increase while earned income is distributed as dedicated for student scholarships, professor salaries or research supplements.
Through the Louisiana Board of Regents Support Fund, the state matches funds raised by the university for endowed chairs and professorships. For every $600,000 UL Lafayette receives for an endowed chair, the state matches $400,000, bringing each chair to $1 million. Likewise, for every $60,000 UL Lafayette receives for a professorship, the state provides a $40,000 match, bringing each professorship to $100,000.
杏吧专区 It杏吧专区檚 wonderful when individuals take pride in this university by establishing an endowment which lives on forever,杏吧专区 said Ray Authement, UL Lafayette president. 杏吧专区淭hese donations affect the lives of students and faculty for many years to come whether that support comes in the form of a scholarship or supplemental funds for research.杏吧专区
Honored Wednesday were the donors who established:
杏吧专区 Acadiana Bottling Endowed Professorship in Marketing
杏吧专区 Elias 杏吧专区淏o杏吧专区 Ackal Jr. Endowed Professorship in Political Science, established through the generosity of the Haynie Family Foundation
杏吧专区 Ken Ardoin and Governor Kathleen Babineaux Blanco Endowed Professorship in Business Administration
杏吧专区 Emily Cyr Bridges Endowed Museum Curator Professorship
杏吧专区 Francis Broussard Memorial Endowed Scholarship in Petroleum Engineering
杏吧专区 E. J. Chatelain Endowed Professorship in Business Administration
杏吧专区 Dr. and Mrs. Sammie W. Cosper Endowed Professorship in Physics
杏吧专区 Dr. G. Louis and Mary B. Coussan Endowed Scholarship
杏吧专区 Dr. Glynn A. Granger Endowed Professorship in Pre-Medicine
杏吧专区 Lafayette General Medical Center Endowed Professorship in Nursing II
杏吧专区 Mr. and Mrs. E.P. 杏吧专区淧at杏吧专区 Nalley Endowed Professorships in Business Administration 2004 and 2005
杏吧专区 Philip and Jean Piccione Endowed Professorship in Statistics I
杏吧专区 Dudley Joseph Plaisance Sr. Memorial Endowed Professorships in Health Care Administration and Nursing
杏吧专区 Stokes and Spiehler -George W. Stokes Endowed Scholarship in Petroleum Engineering
杏吧专区 Moody Eminent Scholar Endowed Chair in Business Development.