Colorado State University will create 10 new named professor positions as the centerpiece of a $5 million gift announced today from the Monfort Family Foundation.
The creation of the 10 positions over the next five years will allow the university to create a special funding program to support innovative research and teaching. The professor positions will each receive $75,000 a year to enhance their teaching and research activities in addition to the salary and support they already receive from the university.
"The new Monfort Professors and Monfort Professors-in-Residence programs will strengthen our already exceptional and dedicated body of academic faculty," said Sue Ellen Charlton, chair of Faculty Council. "The gift from the Monfort Family Foundation will help us retain and recruit the best professors, who will significantly enrich the academic life of the university in a variety of disciplines and endeavors. Ultimately, all the new programs, including the Monfort Scholars, will further our goal of providing the finest education possible for students across the university."
The Monfort Professor awards are two-year awards, which will be given to two professors each year. Selection of recipient will be competitive and overseen by the provost’s office.
The Monfort Family Foundation gift also will establish 30 new full-ride scholarships, add a faculty-in-residence program and create a distinguished speaker series.