an academic appointment that carries with it a stable, guaranteed source of money to support research
an elite faculty appointment that carries with it a stable, guaranteed source of funding to support the chair-holder's work
an honor that can be bestowed on a scholar of distinction
a prestigious faculty appointment within a college or university
a prestigious, senior faculty position created at an academic institution to allow recruitment of an outstanding individual to boost scientific inquiry and clinical care
a senior research position with guaranteed perpetual funding through earnings from the endowment fund itself
An endowed chair is a faculty position supported by an endowment fund established for that specific purpose. The income from that endowment provides financial support for teaching, research and service in a specified academic field. Endowed chairs lend prestige to the individual faculty member holding the chair, to the specific department or program, and to the institution in general.