Brown Corporation Accepts $121 million in New Gifts, Including $20.3 Million for Engineering

PROVIDENCE, R.I. [Brown University] — At the Saturday morning business session that concluded its fall meeting, the Corporation of Brown University formally accepted gifts to the University totaling more than $121 million, including $20.3 for the School of Engineering. It also established five new named professorships, including one for the School of Engineering.

"In committee meetings and at plenary discussion sessions during the last few days, Corporation members and senior administrators have reviewed projects and plans that are shaping the University's future," said Brown President Christina Paxson. "The gifts are a welcome and powerful demonstration of support both for what Brown University has become and for what it aspires to achieve."

New gifts to the University
University policy requires that the Corporation formally accept gifts of $1 million or more. At its business meeting Saturday morning, the Corporation accepted or ratified previous acceptance by its Advisory and Executive Committee of 13 new gifts totaling more than $121 million. These include a gift from anonymous donors of $20,376,856 in support of the School of Engineering's new building.

The Corporation also approved the establishment of five named professorships and one head coaching position. A Professorship in Engineering will be established with funding from anonymous donors.