NYU Tandon Surpasses Fundraising Goal
BROOKLYN, New York, Wednesday, May 30, 2018 – With three months to go in New York University’s fiscal year, the Tandon School of Engineering has surpassed its full-year fundraising goal of $15.6 million by 18 percent. This marks a continuation of the school’s upward trajectory in fundraising over several years.
Thanks to the generosity of alumni, friends, parents, foundations, and corporate partners, the school has raised nearly $18.4 million this year, which is nearly double the five-year average of funds raised by the school at this point in the year.
“We're very grateful to our donors because their contributions support essential student scholarships, faculty work, needed lab equipment and capital improvements, and a range of special programs, including one of the city’s largest STEM education initiatives for New York City’s K-12 public school teachers and students," says Associate Dean for Development Steve Sagner.
Highlights from this year’s fundraising efforts include:
- More than $9 million in gifts and grants supporting Tandon’s new AI Now Institute
- $2.3 million from the newly formed IDC Foundation to establish the IDC Chair in Design and Construction and support various initiatives in the Department of Civil and Urban Engineering
- $710,000 in gifts to the Tandon Annual Fund, which provides unrestricted support for the school’s most pressing initiatives
- $381,629 from the estate of Elfi Braunsteiner to support the Herman F. Mark Professorship in Chemical and Biomolecular Engineering
- More than 450 gifts, totaling more than $230,000, to the Promise Scholarship Fund, which provides crucial scholarship support to Tandon students
- $175,000 from the estate of alumnus William T. Fetherston to establish the William T. Fetherston Scholarship
While its fundraising goal for the coming fiscal year has not yet been set, the school expects to continue to see an increase in support for its scholarships and programs as NYU Tandon expands its presence and impact at NYU and beyond.
About the New York University Tandon School of Engineering
The NYU Tandon School of Engineering dates to 1854, the founding date for both the New York University School of Civil Engineering and Architecture and the Brooklyn Collegiate and Polytechnic Institute (widely known as Brooklyn Poly). A January 2014 merger created a comprehensive school of education and research in engineering and applied sciences, rooted in a tradition of invention and entrepreneurship and dedicated to furthering technology in service to society. In addition to its main location in Brooklyn, NYU Tandon collaborates with other schools within NYU, one of the country’s foremost private research universities, and is closely connected to engineering programs at NYU Abu Dhabi and NYU Shanghai. It operates Future Labs focused on start-up businesses in downtown Manhattan and Brooklyn and an award-winning online graduate program. For more information, visit engineering.nyu.edu.