I've checked around for information about the Gay Research Chair.
Dr. Gee's blog includes
reports on his activities as occupant of the Gay Research Chair back to 2003. The Maxwell Institute's annual report for 2013
states that Dr. Gee has occupied the chair since 2002.
A FARMS newsletter published in 2004
provided some background on the Book of Abraham project:
In 1998 FARMS’s longtime interest in advancing research supportive of the Book of Abraham as an ancient text found new emphasis and direction as a formalized FARMS project, an impetus made possible by a farsighted donor: the Robert Gay family. Soon a working group of scholars was convened to exchange research and ideas on the text. The resulting exchange of information led to FARMS-sponsored public lectures and a scholarly conference in 1999. The next year saw publication of John Gee’s Guide to the Joseph Smith Papyri and, fortuitously, an enlarged edition of Hugh Nibley’s Abraham in Egypt (a project years in the making). Following in short order were the first two volumes in the Studies in the Book of Abraham series—Traditions about the Early Life of Abraham (2001) and The Hor Book of Breathings (2002)—and a “World of Abraham” symposium and scholarly conference in 2002.
Of course, Dr. Gee received his doctorate in 1998 and began working at FARMS shortly thereafter as "an assistant research professor [who] "coordinate[d] research on the book of Abraham" (see
Insights,
August 1998, p. 4).
In 2007, the Institute published a
note on the death of William Gay:
Frank William (Bill) Gay, in whose name two Maxwell Institute research funds were endowed, passed away May 21, 2007. … The William (Bill) Gay Research chair at the Maxwell Institute was created and endowed in his honor. John Gee is the William (Bill) Gay Associate Research Professor. This endowment supports all of the projects and publications done by Gee and others on the Book of Abraham and related studies. As mentioned in the last issue of Insights, the Russel B. Swensen Endowed Mentorship Fund was created as a result of a generous gift from Robert (Bob) Gay in honor of his father William (Bill) Gay.
It seems reasonable to assume that
Robert Gay also provided funds for the Gay Research Chair, but I haven't seen a direct statement to that effect on the Maxwell Institute website.
Note that Robert Gay is a member of the Presidency of the Seventy and is also a member of BYU's
Board of Trustees.
“A scholar said he could not read the Book of Mormon, so we shouldn’t be shocked that scholars say the papyri don’t translate and/or relate to the Book of Abraham. Doesn’t change anything. It’s ancient and historical.” ~ Hanna Seariac