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Institute of Technology
Inventing Tomorrow

Faculty endowments

IT's faculty comprise world-class leaders and rising stars, inspirational teachers, prolific researchers, gifted visionaries, engaging lecturers, and dedicated mentors. Our esteemed faculty create and sustain our strong academic programs, draw world-class students, attract other eminent scholars, and bring IT and the University international acclaim. They are the heart and soul of the college.

The University has improved faculty salaries, but it still ranks near the bottom of the top 30 research universities in compensation. Many of our best and brightest professors are being courted by other leading universities offering salaries and research support we cannot match solely with state funding.

Moreover, the research and scholarship activities of IT faculty—which require laboratories, specialized equipment, and support for research assistants—cost significantly more than the work of their peers in other University colleges.

The importance of endowments

Private support in the form of endowed chairs and professorships will help us attract and retain superlative faculty by providing supplemental non-salary resources that support and augment their research and scholarship endeavors. Endowed chairs and professorships honor preeminent, established scholars who are leaders in their fields and whose contributions are critical to maintaining IT's excellence.

Professorships also reward promising, creative young faculty, who receive additional funding for a specified period of time to support their teaching, research, or community service activities. A supplement to existing funds, the award does not replace state funds or increase salary lines. These endowments help IT retain the best and the brightest of our young faculty.

Other endowments will give us the flexibility to invest in professional development and to respond quickly to changing research and academic needs.

These substantial investments in IT faculty reap immeasurable benefits far into the future. Endowments that attract and support distinguished faculty are among the most effective and important ways you can help IT and our students.