ALUMNI CHALLENGE FUND
In 2002, an anonymous donor created a $15 million challenge fund to establish 10 professorships and 10 innovation funds in engineering and applied sciences.We are pleased to announce the completion of the fund; it will ultimately generate a total of $45M in new support for engineering and applied sciences.
We are privileged to have a large number of graduates and friends who have continued to give generously and to sustain our efforts in engineering and applied science.
Pledges, outright gifts, and matches from alumni, friends, and support from corporations and foundations, have totaled over $100M over the past decade.
Harvard University $50M Professorship
Challenge Fund
Inspired in part by the success of our own Challenge Fund, Harvard University has announced the establishment of a $50 million Professorship Challenge Fund. The group of generous donors who created the fund hopes to encourage gifts from alumni and friends to endow named professorships across the University and provide other critically needed faculty support. Donors making gifts of $3 million will be matched with $1 million from the Challenge Fund to fully endow a named professorship. Individuals interested in establishing a faculty development fund with a gift of $1.5 million will receive a match of $500,000
The Professorship Challenge Fund has been created through the leadership of Charles J. Egan Jr. ’54 and Mary Bowersox Egan R’55 and the Stanley H. Durwood Foundation; Alphonse Fletcher Jr. ’87; J. Christopher Flowers ’79 and Mary H. White; James F. ’68, M.B.A. ’70 and Anne Fitzpatrick Rothenberg; Brian D. ’76 and Anne T. Young; and an anonymous donor.
To learn more about development opportunities please contact:
Linda Fates, Director of Development for Engineering and Applied Sciences and Physical Sciences