Western Oklahoma State College

WESTERN OKLAHOMA STATE COLLEGE FOUNDATION, INC.
Oklahoma State Regents' Endowment Trust Fund

Background
The Oklahoma State Regents' Endowment Trust Fund has been established as a vital step in strengthening academic programs throughout Oklahoma's system of public higher education. With strong support of the Legislature and the Governor, state money was allocated to establish the program in 1988. The Regents' fund has continued with successful progress utilizing both private and public sources in funding. Additional private matching funds are on deposit in college and university endowment funds and foundation accounts.

Purpose
The endowment program is designed to enhance the quality of higher education in Oklahoma by providing state funds as a match for private donations for the establishment of endowed chairs, distinguished professorships, visiting professorships, artists-in-residence, and lectureships. In addition, the program encourages the growth of public/private partnerships to support higher education. Concerned with Oklahoma's growth and development, the State Regents have specified that endowed chairs and professorships be established in academic areas that will contribute to the cultural, business, scientific, or economic development of the state.

GENERAL INFORMATION

Funding Levels
The levels indicated for each category are the amounts of private donations required to establish an account. Upon approval by the State Regents, the private donation will be matched dollar for dollar with public funds in the Endowment Trust Fund.

Endowed Chairs
Endowed chair accounts may be established at Western Oklahoma State College with a minimum contribution of $250,000.

Distinguished Professorships
Professorships may be established at Western Oklahoma State College with a minimum contribution of $125,000.

Lectureships and Artists-in-residence
Lectureships and artists-in-residence accounts may be established at Western Oklahoma State College with a minimum contribution of $25,000.
Matching Private Funds: To encourage the support of the private sector, the endowment program requires that Western Oklahoma State College Foundation, Inc. raise private funds to match money in the Endowment Trust Fund. These private monies must have been contributed after 1988, and may be given over a three year period. Private matching money will be deposited with the Western Oklahoma State College Foundation, Inc. with Western Oklahoma State College being the sole beneficiary.

Investment Income
The trust fund principal will remain intact, and earnings from the investment of the principal will be allocated to Western Oklahoma State College to support the endowed chair, professorship, or lectureship. Any investment income not designated for expenditure becomes part of the fund's principal, which ensures protection from inflation.

 WESTERN OKLAHOMA STATE COLLEGE COLLEGE FONDATION, INC.
Partners in Education Excellence
Donor Recognition

Endowed Chair
Great Plains Regional Medical Center Endowed Chair in Nursing
Carl and Mildred Shadrick Endowed Chair in Agriculture

Professorship
AgPreference Professorship in Math
JCMH Professorship in Nursing
JCMH Professorship in Nursing
JCMH Professorship in Radiologic Technology

Lectureship
Lucille O. Brewer Lectureship in Early Childhood/Child Development
Chesser Family Lectureship in Art/History
Randy Cumby Lectureship in Distance Learning Education
Doughty Family Lectureship in Business
Duffy Family Lectureship in Music
Ken and Mary Ann Fergeson Lectureship in Online Education 
Eunice Griffin Lectureship in Business
Winston and Ethelda Higgs Lectureship in Business
Russell Kirchoff Lectureship in Agriculture
Masonic Fraternity of Oklahoma Lectureship in Student Support Services
Jack and Jewell Walker Lectureship in Aviation
Jeff and Kim Wilmes Lectureship in Business