Endowments – Penn State Nursing

Naming Opportunities in the Ross and Carol Nese College of Nursing

Establishing an endowment is a visionary and generous act that will give the Ross and Carol Nese College of Nursing a competitive edge now and far into the future. Donors who choose to establish endowed funds often do so in honor or memory of someone who has made a difference in their lives. In doing so, donors create legacies of leadership. Endowment gifts can be designated to support specific work, or they can be unrestricted as a resource for timely priorities and opportunities. Here is a sample of naming opportunity endowments for your consideration. Most of the following endowed funds can be created with a pledge paid over a five-year pledge period or through an estate or planned giving arrangement. An endowment to name the Ross and Carol Nese College of Nursing is also an option that can be discussed. For more information, please contact Susan Kukic, Director, Office of Development and Alumni Relations at (814) 863-8180 for further information.

Endowed Dean’s Chair

$5 million minimum gift.
To provide discretionary funds to support the strategic vision of the academic or non-academic unit, as determined by the dean, director, or vice president.
In such cases, the position—not a specific person—is supported by the endowment.

Endowed Professorships

$1 million minimum gift is necessary.
To recruit, retain, and reward superior faculty members.
To enhance the faculty member’s scholarly efforts and/or research program.
In such cases, the position and/or specific discipline—not a specific person—is supported by the endowment.

Endowed Early Career Professorships

$500,000 minimum gift is necessary.
To recruit the most promising young faculty and jumpstart their professional achievements.
Intended to rotate every three years to a new recipient who has completed his or her terminal degree within the last decade. visiting faculty on a predetermined time frame.
The recipients of Early Career Professorships are scholars who may transform our understanding of their discipline and enhance Penn State’s profile in the academic world and beyond.
In such cases, the position and/or specific discipline—not a specific person—is supported by the endowment.

Endowed Graduate Fellowships

$400,000 minimum gift is necessary.
To support a student working toward an advanced degree in Nursing.
Academic merit and/or financial need may be a consideration.
The donor may suggest other preferential criteria.

Endowed Lectureship

$100,000 minimum gift is necessary.
To be used to cover all or most of the expenses associated with planning and implementing lectures in specific areas and/or on specific topics.
The endowed fund and the lecture or lecture series may carry the name of the donor, or someone of his/her choosing, in recognition of the gift.
Can pay administrative costs, publications, advertising, travel, lodging, and honoraria.

Endowed Scholarships

$250,000 minimum gift is necessary for the graduate scholarship.
$50,000 minimum gift is necessary for the undergraduate scholarship.
To support an undergraduate or graduate student.
Academic merit and/or financial need may be a consideration.
The donor may suggest other preferential criteria.

Endowed Research and Program Support Funds

$50,000 minimum gift is necessary for a research endowment fund.
$25,000 minimum gift is necessary for all other program funds.
To support specific or general programs of the Ross and Carol Nese College of Nursing.
Can support areas such as faculty, staff, students, operations, research, etc.

Endowed Award

$20,000 minimum gift is necessary.
Award endowments allow donors to recognize the extraordinary achievements of Penn State Nursing students and encourage new levels of academic excellence.
The donor may suggest other preferential criteria.