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Endowed faculty positions in academic emergency medicine: 5 years later
Alicia S Devine1, Francis L Counselman
1Department of Emergency Medicine, Eastern Virginia Medical School, Norfolk, Virginia 23507, USA.
Background:
In 2004, we examined the number of endowed faculty positions (both chair and professorship) in Academic Departments of Emergency Medicine (ADEMs) in the United States (US).
Objective:
To survey ADEMs in the United States concerning their number of endowed faculty positions and compare the results to the 2004 study.
Methods:
A survey was sent to the chairs of all ADEMs in the United States belonging to the Association of Academic Chairs of Emergency Medicine. We requested information on: number of endowed chair and professorship positions, amount required to fund, date established, source of funding, and future plans.
Results:
Seventy-three chairs responded, for a 100% response rate. Eight chairs reported one endowed chair position each. One chair reported two such positions and one chair reported three chair positions. In total, 10 ADEMs (13.7%) reported 13 endowed chair positions. For endowed professorships, eight chairs reported one professorship each and two chairs reported two such positions. A total of 10 ADEMs (13.7%) reported having 12 endowed professorships. In all, 19 ADEMs (26%) reported a total of 25 such positions. The typical amount allowed to spend was 4-5% of the value of the endowment annually. The average amount necessary to fund an endowed chair position was $1.5 million, and $1 million for an endowed professorship.
Conclusion:
Twenty-six percent of all US ADEMs now have an endowed faculty position. There has been a nearly threefold increase in the number of endowed faculty positions over the past 5 years.
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