Donors and Gifts at Central Michigan University

| Naming Opportunities : Endowed Programs

Endowments are invested by the university. The principal remains intact, and the annual income from the investment is used for the purpose you specify. This income may provide scholarships, fellowships, lectureships or faculty awards or fund academic programs, lectureships, academic professorships or artists-in-residence programs. The Central Michigan University Investment Committee defines the annual spendable income rate of investments and decides the amount of earnings that must be retained to the principal to ensure that the fund grows. The committee reviews endowment performance each year and adjusts the spending rate to reflect market trends. This policy helps counter the effect of inflation and ensures that the original gift will provide a meaningful amount.

Named Student Award
This fund provides an annual award to a student in an area selected by the donor. Minimum Endowment Gift: $10,000.
Named Endowed Scholarship
Income from this fund will provide financial aid to undergraduate students. Selection criteria will depend upon the donor's preference and guidelines established by Central Michigan University. Minimum Endowment Gift: $25,000.
Graduate Scholarships
Provides financial support for graduate students. Minimum Endowment Gift: $100,000.
Named Endowed Lectureship
Provides income for distinguished lecturers to be brought to campus. Minimum Endowment Gift: $100,000.
Named Faculty Development Fund
Provides an annual award to enhance a faculty member's teaching and and research activities. Minimum Endowment Gift: $100,000.
Named Research Fund
Provides an annual award to be used for research in the area chosen by the donor and Central Michigan University. Minimum Endowment Gift: $100,000.
Named Endowed Centralis Scholar Award
Income funds full scholarships for undergraduate students Selection criteria are stated in detail in the Centralis Scholar guidelines. Minimum Endowment Gift: $150,000.
Named Fellowships
Provides income to fund fellowships for graduate students. Minimum Endowment Gift: $250,000.
Named Young Faculty Award
Provides income to apply toward the annual salary and teaching/research expenses of an outstanding young faculty scholar. These funds will enable Central Michigan University to attract and retain the most promising young professors. Minimum Endowment Gift: $250,000.
Named Professorship or Chair
Provides income toward an outstanding faculty member's salary and and related expenses, including research and professional conferences. Minimum Endowment Gift: $1.0 million.
Named Visiting Professorship
Provides income to apply toward the annual salary of a visiting professor. These professorships will allow the university to benefit from talent which would otherwise be unavailable to Central Michigan University. Minimum Endowment Gift: $1.0 Million.
Distinguished Professorship or Dean's Chair
A distinguished professorship or dean's chair will enable the university to honor or to recruit an outstanding scholar who has demonstrated the potential of making exceptional contributions to his/her discipline. Income from the endowment will provide support toward salary, professional development, related research and program expenses. Minimum Endowment Gift: $2.0 million
Named Colleges or Schools
Associating an individual, corporation or foundation name with a college acknowledges great commitment on the part of the donor. The Board reserves the right, after consulting with the president and vice president for Development & Alumni Relations to approve funding arrangements which best serve the interests of CMU.

For More Information
If you would like more information about opportunities to support Central Michigan University, please contact us at:

Office of Development & Alumni Relations
Carlin Alumni House
Central Michigan University
Mount Pleasant, MI 48859
Telephone: (800) 358-6903
Fax: (989) 774-7159