At its regular winter meeting on Saturday, February 11, 2012, the Corporation of Brown University announced that it had accepted a number of gifts, of which $19.5 million had been designated for the School of Engineering. Included among the gifts was a gift from anonymous donors of $10 million, of which $9 million is for three endowed professorships in the School of Engineering. In addition, there was a gift from an anonymous trustee of the Corporation of $10 million for the School of Engineering, and a gift from an anonymous donor of $1.5 million, of which $500,000 is for the Engineering Dean’s Discretionary Fund.
“This is a fantastic start on our long-term vision of building a great School of Engineering here at Brown,” said Dean Larry Larson. “We will keep working hard on further fundraising efforts, and I expect more good news in the future. We have the great efforts of the University Advancement team, Provost Schlissel and President Simmons to thank for these transformational gifts.”
In addition, the Corporation announced that growth of the School of Engineering, formally established in 2010, continues as a high priority for the University. Plans for the next five to 10 years call for increased revenues from sponsored research, fundraising, graduate programs at the master’s degree level, and corporate partnerships. For fiscal year 2013, the Corporation has allocated funds to recruit three new faculty and to add technical staff.
As part of the University’s effort to develop the School of Engineering, the Corporation approved a new position in the Technology Ventures office within the Office of the Vice President for Research. That position will focus on patents and technology transfer activities related to engineering.