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. Author manuscript; available in PMC: 2017 Aug 1.
Published in final edited form as: Acad Med. 2017 Feb;92(2):167–174. doi: 10.1097/ACM.0000000000001423

Table 2.

Financial Characteristics of Endowed Chairs in Women's Health in Departments of Internal Medicine, North America, 2015a

Characteristic No. (%) respondentsb
Current dollar amount of endowment 9

  • Mean, $2.1 million (range, $1.2-$3.0 million)

 9 (100)
Amount chair can spend 15

  • 5% of annual interest

 1 (7)

  • 50% of the proceeds

 1 (7)

  • 4–4.5% rolling interest rate

 1 (7)

  • Full amount

 1 (7)

  • Guaranteed a certain amount each year

 1 (7)

  • Discretionary

 1 (7)

  • ~ $50,000 annually

 3 (20)

  • ~ $12,000 annually

 1 (7)

  • $75,000 annually

 1 (7)

  • Endowment supports salary only

 4 (26)
Funding source for endowment 13

  • Donor

 8 (61)

  • Donor and institutional match

2 (15)

  • Industry

 1 (7)

  • Industry and institutional match

1 (7)

  • Do not know

 1 (7)
a

The authors e-mailed a survey to the 19 North American incumbent endowed chairs in women's health in departments of internal medicine, whom they were able to identify through online searches. Fifteen respondents (74%) supplied the information in this table.

b

Percentages of respondents for the items within each of the three characteristics are based on the number of respondents to each characteristic overall; the numbers were not the same. For example, there were 13 respondents overall for questions in the category “Funding source for endowment” but 15 respondents overall for questions in “Amount chair can spend.”