Indian-American couple gifts $100 million to New York University

WASHINGTON: An Indian-American couple has announced a $100 million gift to New York University's School of Engineering in what is believed to be the singe-largest philanthropic donation by the community.

The gift — which will principally support faculty hiring and academic programs — is intended to build on the engineering school's existing practice of cross-disciplinary innovation and entrepreneurship and achieve new levels of academic excellence in engineering, NYU president John Sexton and Katepalli R Sreenivasan, dean of the School of Engineering, said of the announcement.

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