ACADEMIC PERSONNEL MANUAL Transmittal Notice 6/11/98

The following policy has been issued by the Office of the President. After inserting this section in Volume 1 of your department's Academic Personnel Manual, please annotate the change in the Table of Contents, then post this transmittal notice or route it to persons who should be aware of policy in this area. If any pages are missing from this transmittal, contact Irene Fecht, Chancellor's Office (ilfecht@ucdavis.edu or 752-9745). Questions regarding policy or procedure may be directed to the Office of the Provost, 752-2070. Universitywide and UC Davis policies and procedures are also available electronically on the World Wide Web via: http://www.mrak.ucdavis.edu/web-mans/manuals.htm TRANSMITTED: Section 191, Policy on Endowed Chairs and Professorships, and Administrative Guidelines and Procedures: Endowed Chairs and Professorships, dated 5/21/98. SUPERSEDES: New manual section; supersedes the Policy on Endowed Chairs and Professorships, 3/96, and Administrative Guidelines for Campus Implementation of the Regental Policy on Endowed Chairs, 5/16/80. PURPOSE: The Policy and Administrative Guidelines have been expanded and provide additional flexibility and clarification about the administration and establishment of endowed chairs and professorships, including distinguished professorships and other similar arrangements. The new amount required to establish an endowed chair or professorship shall not be less than $350,000, although higher minima may be established by individual Chancellors. For endowed chairs and professorships currently being established, campus flexibility to continue current practices is intended. In cases where a gift instrument has not been finalized prior to the effective date of the revised Policy and Administrative Guidelines and where provisions have already been negotiated with donors that may be inconsistent with the new Policy and Administrative Guidelines, campuses may "grandfather" those gifts with the understanding that every effort has been made to structure the provisions of the gift instrument to conform with the newly established endowed chair Policy and Guidelines. NOTE: The Office of the Provost is updating the current UCD procedures as described in Policy & Procedure Manual Section 260-30. Dott Burton Coordinator of Administrative Policy 98-067