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DECEMBER 2005

CCNY President Gregory H. Williams
Announces $26 Million Gift From
Intel Co-Founder Andrew S. Grove, 60

  • CUNY Chancellor to Recommend Naming Grove School of Engineering
  • Contribution is Largest Gift to City College 

The City College of New York (CCNY) announced recently that Andrew S. Grove, a member of the Class of 1960 and former chairman and a co-founder of Intel Corp., the world’s leading producer of microchips, will donate $26 million to his alma mater, and that CUNY Chancellor Matthew Goldstein will recommend to the CUNY Board of Trustees that CCNY’s School of Engineering be named as The Grove School of Engineering.

“Dr. Grove is the quintessential City College graduate:  He entered CCNY in 1957 as a recent immigrant, with no knowledge of English, and went on to graduate at the top of his class.  He then did as much as anyone to usher in the information revolution that changed the face and pace of our world.” said Gregory H. Williams, President of The City College, who noted that this gift is the largest ever made to CCNY.  “His gift will bring world-class opportunities for generations of gifted engineering students, and enable The City College School of Engineering to take its place among the best schools of engineering in the nation.”

“The City College of New York represents the bookends to my professional life from the cold January day in 1957 when I found my way to the admissions office to the chance encounter, a few weeks ago, with the winner of the Intel Science Talent Search on the day he was starting at City,” said Grove.  “This institution is a veritable American-dream machine.  I hope to help keep it that way.”

Chancellor Goldstein lauded the gift from Dr. Grove as “an enormous vote of confidence for The City College and CUNY.  We thank Dr. Grove for recognizing and supporting the extraordinary role City College and CUNY play in providing access to high quality education and to talented students from diverse backgrounds and in helping to build a workforce with strong technology skills.”  The Chancellor stated that Dr. Grove’s gift was an important milestone for the “Invest in CUNY” Campaign for the Colleges of The City University of New York, which is seeking to raise $1.2 billion by 2012 and has raised $625 million in gifts and pledges to date.  “Andy Grove’s generosity and leadership sends a powerful signal of support for quality public higher education.”

Chairman Benno Schmidt of the Board of Trustees said, “I am both grateful for and inspired by the opportunities for the School of Engineering to reach new heights propelled by the spectacular support of Dr. Grove.  I welcome Chancellor Matthew Goldstein’s recommendation to name the School of Engineering in honor of this distinguished alumnus.  We commend President Gregory Williams for his great success in raising standards, increasing enrollments and enhancing the academic programs of The City College.”

The gift includes funds for current uses and also for establishing the Grove Endowment that will exist in perpetuity and be used to provide ongoing support to gifted engineering faculty and students. CCNY will use the gift to help the School of Engineering attract and retain new faculty, renovate and equip laboratories for new faculty and rising stars. Funds from the gift will also support development of new interdisciplinary programs and will be used to provide seed money for new research initiatives with high potential for external funding.

Several improvements to the School of Engineering infrastructure will be funded through the grant, as well.  These include wireless Internet access throughout Steinman Hall, the School’s primary building, installation of a centralized e-mail server and renovation of new space as the School of Engineering expands.#  

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