Colgate University has announced the creation of a new endowed professorship, made possible through a $2.5 million gift from Mark S. Siegel ’73. The Mark S. Siegel University Professorship will always be held by the provost and dean of the faculty at Colgate and thus will be held by Colgate’s current provost and dean of the faculty, Lesleigh Cushing. In addition to being the Mark S. Siegel University Professor and provost and dean of the faculty, Cushing is also professor of Jewish studies and professor of religion.
The Siegel Professorship will underscore the standing of the provost’s position as the University’s chief academic officer.
The University set a goal through the Campaign for the Third Century to create 25 new endowed professorships — to celebrate, attract, and retain leading teacher-scholars, who have long been a point of distinction for the institution and a source of connection for students. Generous alumni and friends have already funded the creation of with 12 new endowed faculty chairs.
Mark S. Siegel, the founder and president of ReMY Investors & Consultants, Inc., graduated magna cum laude and Phi Beta Kappa from Colgate with a degree in philosophy. In 2009, he established a sizable yearly endowed prize at Colgate for great undergraduate teaching, named in honor of his favorite philosophy professor, the late Jerry Balmuth, Harry Emerson Fosdick Professor of philosophy and religion emeritus. Siegel received an honorary degree in May 2023 — in recognition of his long history of leadership and philanthropy, especially his contributions in support of Colgate’s faculty.
“Leadership from the provost and dean of the faculty will ensure that the University advances a wide range of goals set out in the Third-Century Plan,” says Siegel. “I hope this endowed award serves to recognize and support the provost’s efforts to develop scholar-teachers who engage with students in meaningful ways and to ensure Colgate’s commitment to academic excellence.”