Internationally renowned University of Pittsburgh Engineering alumnus and Trustee John A. Swanson has been honored for the greatest philanthropy by an individual in University history—overall support of $41.3 million for the School of Engineering as part of Pitt’s pathbreaking $2 billion campaign
December 5, 2007: Acclaimed inventor, business founder, and University of Pittsburgh engineering alumnus and trustee John A. Swanson was honored today for the greatest generosity by an individual donor in Pitt's 220-year history—$41.3 million to the University’s School of Engineering as part of the $2 billion Building Our Future Together Campaign.
In recognition of this extraordinary generosity, the University will rename the school the John A. Swanson School of Engineering.
A portion of Swanson’s support will be used for the transformation of Benedum Hall, the academic home of Pitt’s School of Engineering, which will begin an extensive renovation and expansion starting in 2008.
Other portions will be used to establish an endowed fund that will provide a dedicated revenue source to be used at the discretion of the school’s dean in consultation with the University’s senior administration.
The uses of this fund will include faculty support, a student fund that will provide undergraduate scholarships and graduate student fellowships, discretionary funds for the Swanson Institute for Technical Excellence, and unrestricted income to help the school keep ahead of the rapid pace of change in engineering education and research.
>> Read the full story
|
