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Government Relations

UM Legislative Update Newsletter

Friday, April 23, 2004

Endowed research chairs legislation advances in the House

Proving to be a successful mechanism for attracting and retaining world-class faculty over the past decade, the University’s current endowed chairs program raised approximately $90 million from private sources and supports 120 endowed positions across the academic disciplines. In addition, the program has strengthened the University’s research capacity, as well as helped promote economic development in the state. During the past three years alone, endowed faculty have generated approximately $98 million in external research funding, representing a return on the state's investment of 800 percent and an additional $250 million in economic output for Missouri's economy. The proposed program will not replace the 120 endowed faculty positions currently at the University of Missouri System.

Details of the Endowed Life Sciences Research Chairs program:

 

April 23, 2004 Index