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Destined to Lead Document - Zayed University

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Endowed Chairs<br />

Establish ten endowed chairs, well-supported by resources for research, for<br />

distinguished professors who will enliven the intellectual environment and stimulate<br />

and produce significant research in the academic units <strong>to</strong> which they are assigned.<br />

Description:<br />

Virtually every leading university enjoys the benefits of endowed chairs. Endowed<br />

positions relieve the institution of the obligation <strong>to</strong> commit money from its own<br />

budget for the services of the professor. The endowed chair is an essentially cost-free<br />

addition <strong>to</strong> the faculty and strengthens a university’s ability <strong>to</strong> attract outstanding<br />

candidates, especially when the endowment underwrites the professor’s research<br />

program. Capitalizing wisely on the donor’s largesse, a university can engage<br />

professors who will enliven the intellectual environment of the institution and<br />

stimulate the research productivity of the faculty.<br />

<strong>Zayed</strong> <strong>University</strong> will gain immense power from the addition of endowed chairs.<br />

Scholars who might never have considered working in the U.A.E. will respond <strong>to</strong><br />

the prospect of certain research funding. The <strong>University</strong> will be free <strong>to</strong> exercise its<br />

most imaginative recruiting strategies in the knowledge that funding for the positions<br />

is not dependent on unpredictable budgets. The very prestige of occupying an<br />

endowed chair will give the <strong>University</strong> an extra edge in recruiting.<br />

Distinguished professors occupying endowed chairs will significantly fortify<br />

the <strong>University</strong> and will aid in projecting its intellectual worth globally. Every<br />

extraordinary team has its stars. Professors holding endowed chairs will be the stars<br />

of <strong>Zayed</strong> <strong>University</strong>’s remarkable faculty. They will signal the <strong>University</strong>’s fulfillment<br />

of its destiny <strong>to</strong> lead.<br />

Administrative Oversight: Deans, Office of Development<br />

Annual Endowment Income: AED 8,000,000<br />

Target Year: 2011<br />

48

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