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OSU announces three new endowed faculty positions to benefit music, business, rural health

Thursday, July 24, 2008

Forward-thinking donors provide funding for OSU-Stillwater, OSU-Tulsa and OSU Center for Health Sciences

View Full List of Endowed Faculty Chair Announcements 
 

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(STILLWATER, Okla. July 24, 2008) – Oklahoma State University announced today $750,000 in donations received from four alumni and one foundation in support of three endowed professorships at three different OSU campuses. Once fully matched dollar-for-dollar by T. Boone Pickens’ $100 million chair match commitment, as well as the Oklahoma State Regents for Higher Education, the gifts will provide more than $2 million of impact in endowed funds.
 
Contributing donors include OSU/A&M Board of Regent Doug Burns and his wife Nickie, OSU/A&M Board of Regent Jay Helm and his wife Fayenelle, and the Tahlequah Hospital Foundation.
 
“We sincerely appreciate our regents and their wives supporting OSU in such a generous way and thank them for everything they do for our university,” said OSU President Burns Hargis.  “We also appreciate what the Tahlequah Hospital Foundation is doing for rural health through its generous gift.”  
 
A $250,000 gift from Norman, Okla. residents Doug and Nickie Burns will create a vocal music professorship within OSU’s College of Arts & Sciences. Currently a partner at Burns & Stowers PC, Doug graduated from OSU with a degree in political science in 1975 and currently serves as chairman of the OSU/A&M Board of Regents.  Nickie graduated from OSU with a degree in sociology in 1974.  
 
“The arts, in particular, are often overlooked.  We hope this gift will help to retain our best faculty,” said Doug.  “Our goal is to raise the visibility of the arts and to provide support for our outstanding music department.”
 
Tulsa residents Jay and Fayenelle Helm provided $250,000 to create a business professorship at OSU-Tulsa. The current president of American Residential Group, Helm received a business degree from OSU in 1970.  A current member of the OSU/A&M Board of Regents, the gift creates the Jay and Fayenelle Helm Professorship located within the business college at OSU-Tulsa.  The couple’s daughter graduated last year from OSU’s College of Arts & Sciences.
 
“Our philanthropic support of OSU derives from our genuine belief in OSU and specifically in OSU-Tulsa,” said Jay.  “We want all students to receive a first rate education in Tulsa and in the State of Oklahoma.”
 
A $250,000 gift from the Tahlequah Hospital Foundation will create a professorship in rural graduate medical education located within OSU’s Center for Health Sciences.  The Tahlequah, Okla. based foundation made the gift to encourage excellence in teaching and scholarship in rural medicine.   Earnings from the endowed position will provide support for salary augmentation, participation in conferences, curriculum development and research expenditures.
 
“It has pretty much always been our mission that we do whatever we can to enhance the healthcare delivery in Tahlequah,” said Gary Chapman, chairman of the foundation’s board of directors. “I’ve been impressed with [OSU Medicine] for a long time, which is basically right here in our front yard. This gift gives us a chance to work with someone with a long history of great results and success. When we make an investment in a candidate we certainly hope that they will return to us, and that will help us years down the line.”
 
In order to take full advantage of the state’s dollar-for-dollar match, and make the most significant impact on OSU academics, each donor made their gift prior to the July 1 change in the state’s endowed chair matching program.  These gifts are part of the $66.8 million in endowed faculty gifts OSU announced earlier.
 
Endowed professorships and chairs are academic designations which provide support for faculty salary, graduate assistantships, equipment and research needs, as well as other support.  These endowed faculty positions allow a university to attract and retain the best and the brightest academic minds in the world.
 

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