Bill Dietrich Gives Carnegie Mellon University $265 Million
Posted on September 8, 2011 Comments (0)
Carnegie Mellon is one of the crown jewels of engineering in the USA. While we are busy squandering the economic gains gained through science and engineering investments in the 1950’s, 60’s and 70’s a few universities are continuing to provide huge economic benefit: MIT, Stanford, CalTech, Harvard, University of Wisconsin – Madison… Schools unfortunately seem to be wasting lots of money (on vanity projects and ever increasing administration, and huge pay to overpaid executives), but even so they provide much much more benefit than the costs. Funding from rich, successful businesspeople (Bill Dietrich was a steel executive) is now a huge reason these shiny lights of the American economy continue to shine. On Bill Dietrich’s donation:
The gift furthers the university’s ability to educate students in strong interdisciplinary problem-solving and supports the unique recipe for education offered by Carnegie Mellon’s seven schools and colleges, all of which are leaders in their fields.
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Dietrich’s gift, among the 10 largest in the United States, is believed to be the 14th largest gift to higher education worldwide.
Related: Board of Trustees gets new chairperson: Dietrich (July 2001 article) – $400 Million More for Harvard and MIT – Economic Strength Through Technology Leadership – Stanford Gets $75 Million for Stem Cell Center – Great Engineering Schools and Entrepreneurism
Categories: Engineering, Funding, Universities
Tags: Carnegie Mellon, Engineering, Funding, Universities
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