![]() UNIVERSITY OF MINNESOTA BOARD OF REGENTS POLICY |
Administrative NAMINGS |
NAMINGSSECTION I. SCOPE. The policy governs the namings of significant University of Minnesota (University) assets, including (1) honorary namings (Section IV); (2) namings associated with gifts or sponsorships (Section V); and (3) other namings (Section VI).SECTION II. GUIDING PRINCIPLES.
SECTION III. DEFINITIONS. Subd. 1. Significant University Assets. Significant University assets shall mean tangible or intangible resources of the University that are of significant prominence or visibility. Assets include but are not limited to the following: colleges and schools; University-level academic programs, centers, and institutes; lectureships, fellowships, professorships, and chairs; and buildings, significant portions of buildings, grounds, physical structures, streets, and areas. Subd. 2. Donor. Donor shall mean a person or entity transferring money or other property to the University or one of its recognized foundations in connection with a naming, whether or not the donor is the subject of the naming. Subd. 3. Gift. Gift shall mean a transfer of, or promise to transfer, money or other property to the University without reciprocal benefit to the donor. Subd. 4. Sponsor. Sponsor shall mean a person or entity entering into a sponsorship. Subd. 5. Sponsorship. Sponsorship shall mean a contract involving the provision of funds or other support with the expectation of public acknowledgement or promotional opportunity. Subd. 6. Street. Street shall mean any private road or driveway as defined in the Regents of the University of Minnesota Traffic Regulations Ordinances. SECTION IV. HONORARY NAMINGS. Significant University assets may be named in honor of an individual or a non-University entity to recognize service, dedication, or meritorious contributions to the institution when the naming is not associated with a gift or sponsorship. Subd. 1. Naming of Colleges, Schools, and University-Level Academic Programs. These assets may be named in honor of an individual or non-University entity.
Subd. 2. Naming of Departmental Chairs A departmental chair may be named in honor of an individual.
Subd. 3. Naming of Buildings and Other Significant University Assets. Buildings and other significant University assets may be named in honor of an individual or non-University entity. A building may be named for a person still living who has left the service of the University.
Subd. 4. Namings of Buildings for Past Presidents. The University may name buildings for past presidents. Consideration of a naming shall take place after a president's association with the University has ended, usually between one and five years following service.
Subd. 5. Naming of Separate Building Parts. Separate building parts that are not significant University assets may be named in honor of an individual or a non-University entity. An independent committee of the relevant academic or administrative leadership and building occupants shall manage and approve the namings. SECTION V. NAMINGS ASSOCIATION WITH GIFTS OR SPONSORSHIPS. Significant University assets may be named for individuals or non-University entities to recognize significant gifts or as part of a sponsorship. Colleges, schools, academic programs, centers, or institutes are not usually named for commercial entities; if the name of a commercial entity is to be considered, board approval is required. Subd. 1. Naming of Endowed Lectureships, Fellowships, Professorships, and Chairs. The University seeks and welcomes private financial support for endowed lectureships, fellowships, professorships, and chairs, which provide scholars a continuous and reliable source of support to pursue their research and teaching. Awards established in these categories shall typically carry the name of the donor, of a person or institution designated by the donor, or of a person in whose name the University seeks funds to endow the award.
(1) Restrictions on the Use of Title. Lectureships, fellowships, professorships, and chairs shall not include such terms as University, distinguished, or the title Regents Professor. These titles are conferred only by the Board.
(i) Endowment for Chairs. A permanent chair may be established when $2,000,000 or more has been placed in an endowment that provides in perpetuity the annual funds needed for support. Alternatively, a chair also may be established if a minimum of $200,000 per year of expendable funds is made available for at least ten years. (ii) Endowment for Professorships. The combination of salary and endowment shall be sufficient to provide salary and fringe benefits for the recipient, staff support, travel, and other expenses. Professorships require a minimum of $1,000,000 in permanent endowment or a minimum of $100,000 per year of expendable funds for ten years. (iii) Endowment for Faculty Fellows. Faculty fellows require a minimum of $500,000 in permanent endowment or a minimum of $50,000 per year of expendable funds for ten years. (iv) Other Named Endowments and Awards. The titles of lectureships, scholarships, or other named awards may be used for gifts of less than $500,000 in permanent endowment or $50,000 a year for ten years. A minimum award in this category would provide at least $1,000 per year for ten years. Subd. 2. Naming of Colleges, Schools, Buildings, and Other Significant University Assets. These assets may be named to recognize gifts or as part of a sponsorship. No commitment regarding namings associated with gifts or sponsorships shall be made to the donor or sponsor prior to the applicable University review and approval.
Subd. 3. Other Namings Associated with Gifts or Sponsorships. University assets not covered by the definition in Section III., Subd. 1., may be named to recognize gifts or as part of a sponsorship.
SECTION VI. OTHER NAMINGS. This section shall govern the naming of signficant University assets when the name is not in honor of an individual or non-University entity and the naming is not associated with a gift or sponsorship. Subd. 1. Naming of Colleges and Schools. A college or school may be named to reflect the relevant academic discipline.
Subd. 1. Naming of Buildings, Significant Portions of Buildings, Grounds, Physical Structures, Areas, or Streets. These assets may be named to describe the academic or administrative purpose of the asset or to reflect a symbolic meaning appropriate for the asset.
SECTION VII. RENAMINGS AND REVOCATION. Subd. 1. Renamings. The University reserves the right to rename any named asset of the University. Renamings shall be consistent with the review and approval process for namings. Subd. 2. Revocation. The University reserves the right to revoke a naming if for any reason it presents risk or harm to the reputation of the University, or if the intent of a gift or the terms of a sponsorship associated with the naming cannot be fulfilled. For all namings requiring Board approval, the Board reserves the right to revoke them. Other namings may be revoked by the president or delegate. SECTION VIII. IMPLEMENTATION. Subd. 1. Legal Review. All gift agreements or contracts involving a naming must be reviewed by the Office of the General Counsel prior to approval. Subd. 2. Administration. The president or delegate shall establish and maintain administrative policies and procedures to implement this policy. |