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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
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Wesleyan Receives
$500,000 Challenge Grant from Kresge Foundation |
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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.
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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
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