Endowed Gifts to OBU
Scholarships: An endowed scholarship requires a minimum corpus of $10,000. Earnings from the corpus provide for an annual scholarship award. Scholarships can be awarded based on a variety of factors (academic disciplines, geographic area, financial need, etc.)
Lectureship: The lectureship is a temporary appointment, usually given to a visiting scholar or speaker during a select visit to OBU. The endowment required for a named lectureship is $50,000. These lectureships can address certain academic disciplines, subject matters or other areas of academic thought/discussion.
Professorship: The endowed professorship is a partially-funded post which is awarded to a professor who is prominent in his or her field, an outstanding teacher, and one who has demonstrated exceptional ability in the selected academic discipline. The endowed academic professorship can be endowed for $250,000 and named for or by the donor. The endowment will be used to enhance salary, benefits, and certain expenses, such as travel, research, or secretarial assistance.
Chair: The endowed chair is similar to the endowed professorship in terms of the assistance provided, except that it is the highest funded endowed post. The faculty member holding this position is considered to be one of the most distinguished faculty members on the University campus. This position can be endowed for $500,000.Appreciated Securities
Gifts of Real Estate
Oklahoma Baptist University is happy to consider gifts of both residential and commercial real estate. We gratefully review each offer in conjunction with our financial officers, who evaluate the condition and marketability of all proposed acquisitions of property and have the final say on acceptance. Real estate may be given to us outright, or be used to fund a life-income gift such as a unitrust. It may also be transferred through a part-sale/part-gift arrangement (a charitable bargain sale), or a donor may give her home to us and reserve the right to continue to live there (a retained life estate).
Gifts of Business Interests
You can give Oklahoma Baptist University investment partnership shares or closely-held stock, as an outright transfer or to fund a life-income gift. Such a gift should be carefully reviewed by your legal and tax counsel first, and we will also assess it before we proceed.
Gifts of Artwork
Oklahoma Baptist University is receptive to gifts of books, artwork and collectibles that meet these requirements: (1) The donated pieces must be related to our mission, and (2) You must secure an appraisal of the pieces, conducted by an independent appraiser who was not originally involved in selling the pieces to you. We can assist you in following IRS-required procedures for this appraisal.