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Endowed funds represent a living legacy for donors and a way to
remember, honor, and pay tribute to mentors or loved ones. All
individual endowed funds become part of the university's overall
endowment, which allows Ohio State to preserve these gifts in
perpetuity by investing the principal and using only the investment
income for the donor's specified purposes.
Because it ensures an
endless source of support for Ohio State and enhances its ability to
adapt to new challenges, the endowment's growth is an ongoing
fund-raising priority. Specifically, endowed funds to support chairs
and professorships enhance our ability to recruit and retain
world-class faculty members, and nurture the career development of
current faculty members who are often appointed to these prestigious
positions.
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