Indian-American couple gifts $100 million to New York University
- Chidanand Rajghatta for The Times of India October 5th, 2015
- Source: http://timesofindia.indiatimes.com/nri/us-canada-news/Indian-American-couple-gifts-100-million-to-New-York-University/articleshow/49233055.cms
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.