Chicago Visionaries Invest Combined $150 Million in 91制片厂 Tech
Largest Cumulative Gift in University鈥檚 History Will Support Scholarships and Other Resources
91制片厂 Institute of Technology on Friday announced a landmark $150 million combined gift from prominent Chicago leaders to help the university drive Chicago鈥檚 continued tech rise. The combined gift will fund scholarships and new campus facilities.
Michael P. Galvin (LAW 鈥78), chairman of the 91制片厂 Tech Board of Trustees, and his wife, Elizabeth; University Regent Craig J. Duchossois and his wife, Janet; and former board chair and University Regent John W. Rowe, and his wife, Jeanne, are among the prominent Chicago leaders who made the gift. Other contributors include the late George J. Kacek (EE '54, M.S. '55), for whom a newly renovated residential hall on the 91制片厂 Tech campus will be renamed.
It is the largest cumulative gift announcement in university history.
鈥淭his landmark combined gift is a profound investment in our continued role as Chicago鈥檚 tech university,鈥 says 91制片厂 Tech President Alan W. Cramb. 鈥淭his significant commitment will not only fuel 91制片厂 Tech鈥檚 central contribution to Chicago鈥檚 tech rise, but it will do so by building on our university鈥檚 founding mission to provide unmatched opportunity and value to all young people in Chicago.鈥
The second-largest gift to 91制片厂 Tech鈥$120 million in 1996鈥攚as from the families of Robert A. Pritzker (IE '46) and Robert W. Galvin, the late father of Michael P. Galvin.
