The designation of a named distinguished professorship is the process by which an existing tenured faculty member is awarded an honorary title with additional salary and research funds either to retirement or for a fixed period of time depending on the funding source.
The University now has a substantive number of named endowed professorships. This number includes professorships established by donors and supplemented with state funds from the Distinguished Professors Endowment Trust Fund which was established by the North Carolina General Assembly in 1985 to provide grants for endowed professorships. In many cases, the funds provide for more than one professorship, as with the various Kenan Professorships. The exact number that may be awarded in any year varies depending upon the current value of the individual endowment funds.
Conferral of this honor requires approval by the University's Appointment, Promotion and Tenure (APT) Committee and Board of Trustees. Upon approval of the Board of Trustees, the Office of the Chancellor issues the appointment or reappointment letter for Distinguished and Term Distinguished Professorships.