LAU must compete with other universities for top faculty. An endowed chair honors and recognizes the distinction of superior faculty while providing invaluable financial support for use in research, teaching and other activities. It is a powerful recruitment and retainment tool, too- the more chairs a school has endowed, the more prestigious and attractive our university will be to potential faculty.
Endowed chairs bearing the name of the donor can be created across LAU with a $2 million gift and will attract accomplished academics to nourish creativity in teaching and scholarship. The income realized through the endowed chair will underwrite a portion of an individual professor’s salary and provide much-needed research funds to support our faculty.
In addition, LAU is seeking financial support to establish a number of Endowed Lecture Series and an Endowed Research Fund to enable faculty and students to fully and interact with existing and future strategic issues in their field.