Naming an Endowed Fund

An endowed gift is a gift of principal, which is invested by the Universtiy. The earnings from this investment -- or a portion thereof, at a distribution rate established from time to time by the Board of Trustees -- is available for the purpose set forth by the donor. The current endowment distribution rate is approximately 5% (Thus, an endowed fund of $100,000 will generate spendable income of about $5,000 in one year). Earnings in excess of that rate are added back to the principle. Endowed funds are designated to exist in perpetuity.

Named Professorship

By long-standing tradition, special distinction is attached to those academic posts that are supported by their own funds. For a faculty member, there is no higher form of recognition for excellence in academia than appointment to an endowed professorship. Professorships, as awards to scholars for distinguished accomplishment and service, carry immense honor and status in the academic medical and scientific community. The holder is considered not merely in the top echelon of a particular field, but as an exemplar of the talents and skills required for preeminence.

In recognition for establishing an endowed professorship, the name attached to the professorship, determined by the donor, is linked in perpetuity with the excellence accompanying the position. All papers and public and scientific presentations of the professorship holder bear the name of the donor as do the holder’s stationary and all references within the NYU School of Medicine literature. Additionally a formal convocation in full academic attire is held to establish and recognize the newly created professorship.

Named Fellowship

Similar to an endowend professorship, there is a level of recognition, honor and prestige associated with a junior faculty member holding a named, endowed fellowship. The Named Fellowship offers its holder a level of recognition and prestige -- which helps in the recruitment and retention of highly sought after physicians/scientists in the early stages of their careers.

How You Can Help

For more information on making a gift to NYU Langone Medical Center, please contact the Development Office at (212) 404-3640, via email at DevelopmentOffice@med.nyu.edu, or print a copy of our donation form.