Endowed internships, scholarships and professorships support Drew’s goal to attract and retain scholarly, creative faculty who teach effectively and intellectually prepared students who want to learn. All endowed funds make the university more fiscally sound by providing a steady source of revenue and relieving the operating budget.
The minimum levels needed to establish named endowed funds are listed in this chart. These funds may be created over three to five years by establishing a pledge that is filled incrementally with annual payments.
| Contribution | Endowed Fund |
|---|---|
| $25,000 | Book Fund |
| $50,000 | Academic Internship |
| $100,000 | Named Scholarship |
| $100,000 – $500,000 | Faculty Research/Visiting Scholar |
| $2 million | Professorship |
| $2.5 million | Faculty Chair |
| variable | Endowed Program |
| variable | Building Endowment |