In one of its many support roles, the Pennington Biomedical Research Foundation secures private funding for endowed chairs and professorships.

The creation of the Louisiana Education Quality Support Fund and the Louisiana Educational Quality Trust Fund, derived from a Louisiana constitutional amendment in 1984, provides state matching funds for endowed chairs and professorships. The Eminent Scholars Program and the Endowed Professorships Program were established by the Louisiana Board of Regents. The Eminent Scholars Program establishes a permanent endowment beginning with $1 million and the Endowed Professorship program establishes a permanent endowment beginning with $100,000. These endowments are created by private contributions to the Foundation that equal 60% of the endowment matched by 40% from the Regents.

The importance of this program is twofold. First, it increases the total impact of funding necessary to conduct the research and educational programs of the Pennington Center. Second, donors are given the opportunity and the benefit of multiplying their donations by taking advantage of matching rules and regulations. Consequently, they are able to create a much larger endowment to benefit the Pennington Center. These endowments exist in perpetuity, as only a portion of the earnings are spent annually for research expenses and educational programs.

Click here for more information on the current endowed chairs and endowed professorships of Pennington Biomedical Research Center and Foundation.

For more information about the endowed chairs and professorships program, please contact Jennifer Winstead at 225.763.3104 or jennifer.winstead@pbrf.org.