Yale University has announced a $50 million commitment from Edward P. Evans, a Yale College alumnus, to support construction of a new state-of-the-art campus for its School of Management. The largest gift in School of Management’s history will be used to develop a 4.25 acre campus that includes state-of-the-art classrooms, faculty offices, academic centers, and student and meeting spaces organized around a welcoming courtyard. The new camp…
A coalition of organizations that includes the University of Massachusetts Lowell, Middlesex Community College, Northern Essex Community College, Merrimack College, and Teach For America has announced a five-year, $5 million grant from the Stoneham-based Deshpande Foundation to develop an “innovation ecosystem” in the Merrimack Valley. Full text article by James Connolly is available via American Cities Business Journal, 12/9/10. …
… International, which received $10 million to work with BRAC Bank Limited to build a scalable mobile money platform that enables poor Bangladeshis to store, transfer, and receive money safely via their mobile phones; and Yale University and Innovations for Poverty Action, which were awarded $7 million for their Microsavings & Payments Innovation Initiative, an effort designed to improve understanding of the financial needs of the poor. Full …
The Harold Alfond Foundation in Portland, Maine, has announced a $10 million grant to the University of New England for a new sports complex. The largest gift in the university’s history includes $7 million for the construction of a 105,000-square-foot athletics complex. After UNE raises an additional $7 million, the foundation will award $3 million to support inter-professional health workforce education. The new facility, which will be n…
Sacred Heart University has grown from a commuter college of 1,500 to a residential campus of more than 6,000. As it grew past being a commuter college, Sacred Heart developed academic programs meant to “catapult [itself] into the residential market,” Vice President of Enrollment Mr. Barquinero says. Full text article by Beckie Supiano is available via The Chronicle of Higher Education, 11/1/09. …
New leadership seems to be making a difference at one of the nation’s most troubled urban universities. Students at Chicago State University now walk across a campus that the institution has renovated, including improvements to a rundown dormitory and a new shuttle service in an attempt to make the campus more appealing. Full text article by Goldie Blumenstyk is available via The Chronicle of Higher Education, 11/8/09. …
…grant will provide support for the college’s new Center for Civic Engagement, which brings together many of the school’s domestic and international initiatives and is key to its efforts to redefine the role of the university in modern society. To meet the matching requirement, Bard must raise an additional $120 million from other donors; however, it will be able to use the OSF funds before the goal has been reached. Full article text …
The University of Texas Medical Branch is proceeding with plans to build a new hospital after the UT System Board of Regents gave its approval and the Galveston-based Sealy & Smith Foundation pledged $170 million toward the project. UTMB provides health care across the state, serving more than 600,000 patients last year. Callender noted that the state-of-the-art clinical facility will complement UTMB’s growing network of primary and special…
UC Irvine received an anonymous $10 million donation that will go toward research and the construction of a new building for the Paul Merage School of Business. The university used the majority of the gift — $9 million — to form a new endowment fund that will further scientific studies and to leverage matching support from government agencies or foundations that require prior campus donations. The other $1 million will support the pl…
Three regional religious institutions are taking the next big step in a unique partnership to teach Christian, Jewish and Muslim spiritual leaders, thanks to a historic $50 million gift. Claremont School of Theology on Monday announced the donation from philanthropists David and Joan Lincoln – the largest in the school’s history – which will establish Claremont Lincoln University. In a cooperative effort with the Academy for Je…