The three schools at SUNY Cortland may be named to recognize endowment gifts of no less than $1.5 million. Such funds will be used to support campus-wide initiatives and programs as well as specific school-related programs.
A named chair for a newly created position may be established to underwrite the costs connected with that position, such as summer support, clerical and travel expenses and teaching and research support, for a sum of not less than $1.5 million.
A named professorship may be established for a sum of not less than $1 million. Such funds shall only be accepted to support disciplines or areas of study that are included in the existing academic offerings of the College, or consistent with its mission.
Interest in named endowments for centers, institutes and other academic or support units on campus will be evaluated on a case-by-case basis. Such named endowments shall be between $25,000 and $1 million.
All academic departments at SUNY Cortland may be named to recognize gifts of between $500,000 and $1 million. Such endowment funds will be used to support campus-wide initiatives as well as specific departmental programs.
A named distinguished lecturer may be established for a sum of not less than $500,000. Such funds shall only be accepted to support disciplines or areas of study that are consistent with the mission of the College. Distinguished lecturers are designed to bring outstanding individuals to teach at the College consistent with the State University of New York policies on lecturers and visiting professors.
Funds for specialized presentations by outstanding scholars, artists or recognized experts must anticipate payments for fees, travel, living expenses, promotional expenses and insurance as required and may be established for sums not less than $250,000.
Funds for special lectures may be established for sums not less than $100,000.
A named endowed scholarship may be established for an amount of no less than $30,000. To provide a significant portion of a typical undergraduate student aid package, such endowments should be in the $100,000 range. Full tuition scholarships named for someone of the donor's choice require an endowment of no less than $100,000.
The Cortland College Foundation will not automatically accept gifts for departmental awards and prizes. Each purpose and amount must be reviewed on a case-by-case basis as to its merit. In many cases, names on trophies, plaques or books rather than cash awards will be deemed more appropriate and recommended to interested persons.
Endowed funds for academic development, program innovation, library acquisition, faculty professional travel, equipment, research publications, recognition awards and other gift objectives may be created for sums appropriate for each respective area, but not less than $30,000.
Endowment funds for the maintenance of existing buildings, rooms and floors, as well as for the maintenance of newly constructed or renovated buildings and units and for campus beautification are available upon request. The sums required for each shall not be less than $50,000 but can range up to several million dollars depending upon the size of the facility.