Endowed Chairs Policy

Purpose: This policy is designed to ensure that the University honors the intentions of donors and that income from endowed chair funds and other gifts designated for support of faculty and administrative positions are used effectively in supporting the University’s academic mission.

Scope: This policy applies to all donor restricted funds that have been established at the University of Richmond to support an endowed chair. This policy applies to the University of Richmond and all of its Affiliates. As used in this policy, the term “Affiliates” means organizations or entities in which the University owns a controlling interest or has the right to elect the majority of the entity’s governing board.

The policy may be viewed here.