{
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            "text": "Submitted by: [Insert: Name] Date\nVice President for Institutional Advancement of Kentucky State University"
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            "type": "table",
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                    "text": "APPENDIX E ENDOWED CHAIR TEMPLATEMEMORANDUM OF UNDERSTANDINGBETWEEN KENTUCKY STATE UNIVERSITYAND[NAME OF DONOR/S]regardingTHE [Insert: Donor Name or Other] ENDOWED CHAIR in [Insert: Subject matter]",
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            "text": "The [Insert: Donor Name or Other] Endowed Chair in [Insert: Subject matter]"
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        {
            "id": "p25.5",
            "order": 6,
            "type": "heading",
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            "text": "This endowed chair in [Insert: Subject matter] is created by [Insert: Donor Name].\n[Optional Insert: specific objective, name of person being honored or memorialized with information describing their accomplishments, etc.]"
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            "text": "3. Selection Criteria:",
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            "text": "The [Insert: Name of Endowed Chair] selection criteria will be determined by the Provost of the University in consultation with the faculty of the [Insert: Name of Department] or successor department. The nominee will be a faculty member whose record indicates teaching excellence and distinction in the discipline; however, KSU agrees to consider external candidates with appropriate faculty credentials for this appointment."
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            "text": "4. Funding, Terms, and Conditions of the Appointment:",
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            "text": "Funding of the Chair will occur with the accumulation of $1,500,000, which is to include [Insert: funding source(s) and amount(s)], and shall have been invested for one year after reaching that amount before the inception of the [Insert: Name of Endowed Chair]. The $1,500,000 will be placed in the permanent endowment of the University, and when fully funded, income distributions from the [Insert: Name of Endowed Chair] will provide the funding to support the compensation of the designated chair."
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            "text": "Further, it will provide financial support for expenses directly related to the Chair’s teaching or scholarship responsibilities, as approved by the Provost of the University. A discretionary account will also be established and disbursed, with the"
        }
    ],
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