FOR IMMEDIATE RELEASE (10/17/05)
Louisiana Board of Regents Completes Funding for 6 New $100,000 Endowed Professorships at Centenary
SHREVEPORT, LA — Six new $100,000 endowed professorships at Centenary College are now in place following the completion of matching funds announced today by the Louisiana Board of Regents.
W.C. "Bubba" Rasberry, Shreveport area representative on the Board of Regents, presented a ceremonial check for $240,000 to Centenary President Kenneth L. Schwab in a ceremony at 4 p.m. in Anderson Choral Building atrium.
The funding, matched with $360,000 from Centenary, will enable the following endowed professorships at Centenary:
Schwab presented framed certificates in recognition of those honored with the endowments. Accepting them were Dr. William Arceneaux of Baton Rouge, chairman of the Louisiana Association of Independent Colleges and Universities, along with Mr. and Mrs. Roger Fell and their children; John Beaird, son of Dr. Charles Beaird; Gen. (USAF-Ret.) and Mrs. Spencer Hardy and his daughter, Beth Courtney of Baton Rouge; and Matt Brooksher, president of the Centenary College Choir.
The state matching funds represent part of a total of $17.92 million awarded in Louisiana's Endowed Chairs and Professorships program this year. The awards are primarily through the Board of Regents Support Fund, part of the Louisiana Educational Quality Support Fund, a permanent trust fund approved by voters in a 1986 constitutional amendment. When matched with private donations, the $17.92 million represents more than $44 million in new endowments for Louisiana's colleges and universities.
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