Recruiting New Talent
The Duke Endowment awarded more than $200 million to help the college and universities it funds strengthen and support their faculties. Duke University received $40 million to help create 32 new faculty positions. Of the grant, $25 million is for 10 new assistant and 10 new associate professorships, while another $15 million matches additional funding to establish 12 new endowed full professorships. The Endowment has also supported the launch of a 10-year partnership between Duke University and Duke Health to recruit and retain 35 – 40 outstanding faculty in the sciences, with $100 million across two grants.
The support allows Duke University to launch a first-rate faculty recruitment campaign while ensuring that the financial commitment of hiring more faculty is not passed on to students via higher tuition. As part of its efforts to recruit faculty that reflects the diversity of students, the university is committed to recruiting underrepresented faculty across diverse academic disciplines. In 2019, the Endowment provided $4 million to support the university’s Global Perspectives Faculty Initiative to recruit and retain faculty in Asian American, Latinx and African studies. In addition, in 2020, the Endowment provided $10.5 million for faculty recruitment and retention as part of the university’s diversity, inclusion and anti-racism initiative.
Retaining and Developing Valued Faculty
The Endowment awarded $12 million to Davidson College to support efforts to diversify faculty, expand opportunities for faculty development, increase transdisciplinary teaching and emphasize connections between the classroom and societal issues. The Endowment also granted $1.5 million to Davidson College to support its effort to retain valued faculty members.
At Furman University, a $3 million grant from the Endowment is helping the school establish endowed professorships in Asian studies. The new positions will support the work of existing faculty and expand the reach of this nationally prominent program. The program provides an interdisciplinary approach to learning since faculty members hold joint appointments in economics, religion, philosophy, political science, history, modern languages and literature, business and accounting.
The Endowment has also supported participation in the National Humanities Center’s summer residency program for faculty at Davidson College, Furman University and Johnson C. Smith University.
Developing Faculty Leaders
While faculty are trained in the complexities of research, teaching and the service missions of their schools, many who are recruited into leadership positions (such as department chairs) have minimal training in the skills needed for these roles. In 2018, the Endowment provided $600,000 to the four schools to support the development of faculty leaders.