An "endowed" gift is one that is invested, both physically and metaphorically. When you choose to give an endowment to Ouachita, your gift lives on in perpetuity. Ouachita has two endowed giving categories:
An endowed chair is only awarded to a professor who is prominent in his or her field, an outstanding teacher who has demonstrated exceptional ability in the selected discipline.
The endowment is used to help meet the expenses of the professor’s office, including salary and research costs. The endowed chair will be recognized by the memorial/honoraria name in perpetuity.
Escalating fixed costs and the tuition gap between private and public colleges make the scholarship funds increasingly important as a recruiting tool and a necessity for an ever growing number of students.
The majority of these scholarship funds are designed to make awards that allow for the gap between tuition and actual cost of attendance to narrow. Scholarship awards are granted according to the expressed directions of the donor as recorded in the scholarship agreement. In most cases, the University Scholarship Committee selects the individual recipients. All endowed scholarships are named for the donor(s) or as the donor directs, and are listed in various University publications.
If you would like to know more about how to establish an endowed chair or an endowed scholarship, please contact by phone at (870) 245-5169 or by email.