$100 Million for Ohio University Engineering Education

Posted on June 25, 2008  Comments (0)

Ohio University gets record setting gift

This gift brings the Russes’ total giving to at least $100.7 million. Prior to this gift, the couple had contributed more than $8.9 million to Ohio University, the majority of which is held in endowments that support engineering.

The Russes’ generosity has made them the largest donors in the university’s history. Another engineering family — C. Paul and Beth K. Stocker — are next on the list with contributions totaling $31.9 million. The proceeds will support engineering education and research at Ohio University.

The Russes believe in putting support where it would have significant impact. In addition to supporting Russ College students, faculty and facilities, they established the Russ Prize to recognize how engineering improves the human condition. One of the top three engineering prizes in the world, the Russ Prize is awarded bi-annually in conjunction with the National Academy of Engineering.

The planning will take cues from the college’s strategic research areas: avionics; biomedical engineering, energy and the environment; and smart civil infrastructure. Planners expect that, in addition to supporting research, funds from the estate will support scholarships and leadership incentives for engineering students.

Related: Innovative Science and Engineering Higher EducationS&P 500 CEOs, Again Engineering Graduates Leadposts on engineering education$25 Million for Marquette College of EngineeringHarvard Elevates Engineering Profile$20 Million for Georgia Tech School of Industrial and Systems Engineering

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