UNIVERSITY OF MISSOURI DEPARTMENT OF ELECTRICAL AND COMPUTER ENGINEERING

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UNIVERSITY OF MISSOURIDEPARTMENT OF ELECTRICAL
AND COMPUTER ENGINEERING

• FUND RAISING EFFORTS

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FUND RAISING EFFORTS

• 1. Annual Phonathon-conducted by the
  Development Office.
• 2. Electrical Computer Engineering Academy.
• 3. Solicitations of major gifts/bequests/etc. -
  conducted by the Development Office.
• 4. Matching of Endowments for Chairs and
  Professorships.
• Items 1 to 3 are fairly common so the
  discussion will center on item 4.

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State of Missouri Matching Program for Chairs
and Professorships

• Chairs An external gift of 1.1M will be
  matched by the State of Missouri, creating a
  2.2M endowment for a Chair
• Professorships An external gift of 550K will
  be matched by the State of Missouri, creating a
  1.1M endowment for a Professorship.

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The income from the endowment is used as follows

• a) 5 of the three year average of the endowment
  is placed in a spendable account for the holder
  of the chair/professorship.
• b) Any income above item a) is used to increase
  the principal of the endowment.
• c) It is possible that in a bad market year, the
  endowment could decrease in value.
• d) The track record has been good. Endowments
  have tripled over the last decade.

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Impact on the Department of ECE

• Mary K. Finley Professorship in Computer
  EngineeringRecipient Dr. Donald Wunsch
• Cindy Tang Professorship in Computer
  EngineeringRecipient Dr. Ann Miller
• Roy Wilkens Professorship in TelecommunicationsRe
  cipient Not yet filled.