The Iowa Institute for Cooperatives has provided support for an endowed professorship presented to Keri Jacobs, an Iowa State University assistant professor who studies cooperative economics.

“That the cooperatives in Iowa would work together to ensure an ongoing effort aimed at research and education for and of cooperatives is pretty incredible,” Jacobs said, “but not surprising given that they understand and embrace the benefits of cooperation. Their gift, and the position it supports, is about providing the current and future cooperative leaders with the knowledge they need to be successful in their industries.”

Jacobs, who also serves as an extension specialist, was presented the Iowa Institute for Cooperatives Endowed Economics Professorship at the organization’s annual meeting on Nov. 26. The Iowa Institute for Cooperatives provided $1 million to help fund the professorship.

“We look forward to working with Dr. Jacobs in her role as the Iowa Institute for Cooperatives Professorship. We have had a long and valued relationship with Iowa State University and consider this an investment in the university and continuation of that relationship,” said David Holm, the institute’s executive director.

Jacobs joined Iowa State in 2010, the same year she earned a doctorate degree in economics from North Carolina State University. She earned a bachelor’s degree in economics and business administration from Coe College in 1996.

“This professorship represents a partnership to help ensure the best possible extension, research and science-based education exists to serve the needs and priorities of Iowa cooperatives,” said Wendy Wintersteen, endowed dean of the College of Agriculture and Life Sciences at Iowa State.