The Jon M. Huntsman School of Business at Utah State University has announced a $15 million commitment in support of the Huntsman Fund for Faculty Excellence, a permanent endowment within the Utah State University Foundation.
Established with previous gifts totaling $12 million from the Huntsman Foundation and a $3 million match from the Huntsman School of Business, the fund will enable the business school to attract the best talent to USU. The first five professorships created through the fund include the Harry M. Reid Endowed Professor, which will support research and/or teaching faculty, and the Karen Haight Huntsman Endowed Professor, which will support a female faculty member in any department of the business school. Since 2007, the Huntsman Foundation has awarded more than $55 million in support of the school, including funding for student scholarships and enhanced curricula offerings.
"My grandfather was a teacher, and my father believed that great teachers played a crucial role in the lives of young people," said Huntsman Foundation president David Huntsman. "It is my hope that this fund will help Utah State University recruit and retain talented faculty who can have an outsize impact on students for generations to come and thereby contribute to our community and the world."
"Jon Huntsman loved Utah State University, and he loved the students of Utah State University. His vision was to help us build a college that would produce students capable of competing with those who graduate from the finest institutions in the world — but at a fraction of the price," said Douglas D. Anderson, dean of the Jon. M. Huntsman School of Business and the Jon M. Huntsman Presidential Professor of Leadership. "The Huntsman family's generous gifts to USU over the past decade have enabled us to continue to create an environment of remarkable opportunities for our students, so that they can personify our motto to dare mighty things."