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Kresge Challenge Grant for Science Equipment Endowment Met!

Wesleyan University has met the Kresge Foundation’s $1 Million Science Equipment Endowment Challenge. This eighteen month challenge raised one million dollars from alumni, parents and friends and will now be matched with a $250,000 grant from the Kresge Foundation. In order to qualify for the challenge grant, Wesleyan had to raise $500,000 to support the direct purchase of new science equipment, which was matched by an initial $250,000 from Kresge.  The equipment benefits several Wesleyan science departments, including biology, chemistry, molecular biology and biochemistry, earth and environmental sciences and physics.

 

Kresge Challenge Grant for Science Equipment Endowment

As we approach the celebration of the 175th year of Wesleyan's existence and its excellence in the sciences, we encourage people to make a gift in support of the Kresge challenge for Wesleyan's future.

Wesleyan has already raised $750,000 to support the purchase of new science equipment. Of this, Kresge provided $250,000 and alumni, parents and trustees contributed $500,000.

We now seek to raise $1 million in new gifts by January 1, 2008 to establish an endowment fund for the repair and replacement of science equipment. Once we reach this goal, the Kresge Foundation will give Wesleyan another $250,000.

Please consider making a gift to help Wesleyan meet the Kresge Challenge. For more information, please call:

Carol F. Scully
Director of Foundation and Corporate Relations
860-685-3964
cscully@wesleyan.edu

You may also a gift on-line along with your gift to the Wesleyan Fund by designating it to the Kresge Challenge in the comment field.


Press Release
8-24-06

Wesleyan Receives $500,000 Challenge Grant from Kresge Foundation

The Kresge Foundation of Troy, Mich., has awarded a challenge grant in the amount of $500,000 to Wesleyan University. This grant will be applied toward the purchase of equipment for several Wesleyan science departments, including biology, chemistry, molecular biology and biochemistry, earth and environmental sciences and physics.

To apply to the Science Equipment Program, Wesleyan had to raise $500,000 and now must raise an additional $1 million to meet the terms of Kresge challenge grant and establish an endowment for repair and replacement of science equipment. According to the tenets of the grant, Wesleyan must raise $1.5 million to meet the challenge and establish an endowment for the repair and replacement of science equipment. To date the university has already raised $500,000 toward this goal.

Wesleyan's planned purchases of advanced scientific equipment with the grant and additional money raised include:

- LC-Mass Spectrometer for Biology

- Gel Permeation Chromatograph for Chemistry

- Telescope Control System for the Astronomy department’s telescopes

- SEM

- YAG/Dye Laser for Physics and Chemistry

-A Scanning Electron Microscope

- Microplate Reader for Biology

- Photosynthesis System for Biology and Earth and Environmental Sciences

- CCD Camera

In the next few years, Wesleyan will construct a state-of-the-art facility for teaching and research in the life sciences. The new facility will add roughly 80,000 square feet of departmental and community space that will enable Wesleyan to continue its academic leadership in the sciences.

The Kresge Foundation is a national foundation with $3 billion in assets that seeks to strengthen nonprofit organizations by catalyzing their growth, connecting them to their stakeholders, and challenging greater support through grants.

Kresge Science Initiative Committee

  • Alan Dachs, Wesleyan Class of 1970. Current member of the Development
    Committee and former chair of Wesleyan’s Board of Trustees. President and CEO of the Fremont Group and Sequoia Ventures.
  • Joseph J. Fins, M.D., Wesleyan Class of 1982. Director of Medical Ethics at New York Presbyterian Hospital-Weill Cornell Center.  Dr. Fins is also a member of the Science Advisory Council.
  • George Ring, a member of Wesleyan’s Board of Trustees and a parent of two Wesleyan graduates. President and CEO of Wireless Cable, Inc. Mr. Ring has made a leadership gift in support of the Kresge Science Equipment Initiative.
  • David Bodznick, Wesleyan’s Dean of the Natural Sciences and Mathematics.
  • Christine Pina, Wesleyan Class of 1991. Major gifts officer overseeing science fundraising
  • Carol Scully, Director of Foundation and Corporate Relations