The Department is very grateful to its Alumni and Friends for their support of the Department's Mission to provide the finest education in Chemical and Biomolecular Engineering.
The renovation of the Taylor Laboratory is a joint project between the Department of Chemical and Biomolecular Engineering and the Department of Chemistry. The effort signifies the mutual support that both departments extend to each other in their ambition to become pre-eminent teaching and research departments in the Chemical Sciences and Engineering.
The objective of the renovation is to realize three floors of teaching and research laboratories. This $3 million project will provide Tulane’s students in the Chemical Sciences and Engineering with the hands-on experience and guidance to become highly competent professionals. The renovated laboratory will house state-of-the-art teaching equipment and highly sophisticated facilities in forefront research areas.
There are several naming opportunities available for each of the teaching and research facilities within the Taylor Laboratory. Individual contributions will help ensure that the coming generation of students will be recognized throughout the country as among the most advanced and effective professionals in fields as distinct as biotechnology, petroleum refining, semiconductor fabrication, pharmaceutical production, and polymer engineering.
Brochure detailing naming opportunities and floor plans (pdf).
Contributions may be sent to:
Ms. Kat Engleman, Development Officer
School of Science and Engineering
201 Lindy Boggs Building
Tulane University
New Orleans, LA 70118
For further informaion or to discuss your contribution, contact Ms. Engleman by email at Kenglema@tulane.edu, or by phone, 504-314-2905 or 504-865-5764.
Letter to our Alumni - December 2007 (pdf)
The Chemical and Biomolecular Engineering Department has set up an Endowment Fund. The income from the endowment will be used to maintain and enhance departmental infrastructure, especially to provide our undergraduates with excellent laboratory and computer facilities. Our immediate need is the renovation of the Francis Taylor Undergraduate Laboratory. The Taylor Lab has a rich history at Tulane, having been used for many decades to provide hands-on training in Unit Operations to our students. The Laboratory very badly needs to be renovated, and is the prime objective of the Dean's building infrastructure fundraising efforts. Our alumni's help in this direction will be received with gratitude.
Thanks to scholarships established by generous alumni and friends, talented students can continue to achieve the benefits of a Tulane education in spite of financial need. Endowed scholarship funds are especially important in maintaining a foundation of aid that will be available to students in the future.
Endowed scholarship funds exist in perpetuity. A gift (or series of gifts) to establish a fund is invested as part of the University's pooled endowment, and only the earned income is expended for student aid. Each endowed scholarship benefits proportionately from the endowment's earnings, which have averaged about 10.3% (total return) over the last ten years. Under University policy, spendable income from endowed funds is based on 6% of a 12 quarter moving average of endowment market values. Any return in excess of spendable income is allocated to the fund's principal for future growth and protection against inflation.
Currently, an endowed fund may be established with a minimum of $10,000. This can be accomplished by a gift of cash or securities. Planned gifts can be arranged that provide donor and spouse with immediate tax benefits and a life income, after which the principal is used to establish the endowed fund. Endowed scholarships may also be established with a bequest from a donor's estate or proceeds from an IRA, retirement plan or insurance policy.
Many benefactors of Tulane request that a certain name be given to an endowed scholarship fund, to memorialize a loved one, honor a friend or relative, recognize a business, or show the importance they attach to philanthropy by including their own names. Donors should advise the University of the specific name desired.
Unless a donor specifies otherwise, it is assumed that a scholarship will be awarded on the basis of financial need as well as merit. Tulane generally uses federal guidelines to establish financial need for the purpose of awarding scholarships. Also, unless otherwise directed, scholarships are assumed to be for undergraduate financial aid.
An endowed faculty chair supports one designated faculty position by providing a permanent source of income that is used to execute the function of that position. The goal is to recruit, hire and maintain someone of national stature. Income from the chair underwrites a faculty member's salary, a portion of any support staff associated with that faculty member's position and any expenses associated with that position.
The impact of an endowed chair is tremendous. An endowed chair encourages excellence in instruction. It removes the burden for funding that faculty position from student paid tuition. Endowed chairs are highly prestigious, sought after positions. Endowed chairs are often named in honor or in memory of a certain individual.
To encourage gifts of endowed chairs the Louisiana Board of Regents (BOR) provides matching funds for endowed chairs. While funding matches are not guaranteed a gift of $1,200,000 allows the university to request an additional $800,000 BOR match.
An Endowed Professorship provides partial support for one designated faculty position. Like the endowed chair, the endowment exists in perpetuity, creating a continuous source of income for that position. An endowed professorship fund of $60,000 allows the university to request an additional $40,000 BOR match.
In addition to gifts of cash, endowments and other gifts can be funded with stock and other appreciated assets or through an estate plan (Will, Trust, Bequest or Beneficiary statement). Donors who establish named funds will receive annual reports about the financial status of the fund as well as the name(s) of the recipient(s) and may designate other relatives or friends to receive an annual report.
Bequest — giving through your will
Charitable Gift Annuity — simple plan providing fixed income for life
Charitable Lead Trust — giving income to Tulane today; transferring assets to family tomorrow
Charitable Remainder Annuity Trust — fixed income for life or term
Charitable Remainder Unitrust — variable income with potential for growth for life or term
Gift of Securities — current gift at full market value
Insurance — insuring Tulane's future
Pooled Income Fund — simplest plan providing variable life income with potential for growth
Real Estate — current and deferred gifts of real property
Gifts of Tangible Personal Property — current gifts of tangible personal property, gifts of art, coins, stamps, etc.
Please see the Tulane Planned Giving Web page for explanations of these forms of planned giving.
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