URI Campaign News - University of Rhode Island by panjiahuoa

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                                                         URI Campaign News
                                                 THE UNIVERSITY OF RHODE ISLAND CAMPAIGN

Tracey A. Manni, 401.874.2145, 401.595.7017 (cell) tmanni@foundation.uri.edu
Linda A. Acciardo, 401-874-2116, 401.474.7057 (cell) lindaa@advance.uri.edu




                 Donors give $3 Million to support
                   URI’s College of Engineering
     Three $1 million gifts propel URI capital campaign to more than $126 million


KINGSTON, R.I. – (December 22, 2010) – University of Rhode Island fundraising officials today
announced that three separate gifts of $1 million or more have been received recently that will
support the University’s College of Engineering. These gifts have helped bring the total raised
during the current Making a Difference capital campaign to more than $126 million, significantly
above the campaign’s $100 million goal. The campaign officially ends December 31, 2010.

The gifts specifically support College of Engineering undergraduate and graduate students and
faculty. Two come from URI College of Engineering alumni. The third gift was received from
Toray Plastics (America), located in North Kingstown, a large manufacturer and key member of the
Rhode Island business community with very strong ties to URI.

“Given the deep affinity our alumni and friends have with this institution, on some levels we are not
surprised by these most generous charitable gifts. We do, however, continue to be greatly
impressed by the universal expressions of our donors’ loyalty, and their desire to make a real and
transformational impact here at URI,” said Glen R. Kerkian, president of the URI Foundation.

Walter Schmid graduated from URI’s College of Engineering in 1950 and founded his own
company, Chemical Design, located in Lockport, NY. He spent five decades growing his company,
always mindful of the impact of his days at URI. His recent gift of just over $1 million was split to
fund two endowments in his name, created to benefit both undergraduate and graduate students in
any discipline of engineering.

“I am pleased to be able to provide financial support to students in need who are pursuing an
education in engineering at the University of Rhode Island. I am hopeful that my gift will make a
difference to students and will result in their successful graduation from the outstanding program
URI offers,” said Schmid.
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The second alumni donor, a 1968 alumnus who wishes to remain anonymous, has also realized his
career aspirations and attributes a margin of his success to the education he received at URI and, in
particular, to the dedication of the engineering faculty. His recent gift of more than $1.1 million
will fund the Robert S. Haas Endowed Professorship in Electrical Engineering, named in honor of
the retired electrical engineering professor who taught at URI between 1948 and 1988.

Haas had a great impact on many of his students, according to College of Engineering Dean Ray
Wright. “He was a model and mentor to generations of engineering students and personified
integrity and excellence in teaching. Scores of students, spanning many years, were inspired by him,
and this recent gift is a clear representation of the positive impact he had.”

Rick Schloesser, president and CEO of Toray, which produces polypropylene and polyester films
and is a wholly owned subsidiary of Toray Industries, Inc., presented his company’s check for $1
million at a recent engineering scholarship breakfast held on campus. The gift will fund an
endowment to provide graduate fellowship support, a key priority of the College, which set a $1
million fundraising goal specifically for this purpose in 2007. To date, more than $3 million has
been raised for the initiative.

Schloesser commented: “We at Toray have truly enjoyed the benefits of our partnership with URI
that began over 20 years ago. We remain committed to promoting higher learning and excellence in
education, believing that it will make all the difference in creating the highly skilled workforce of
tomorrow.”

Dean Wright noted that the engineering college is committed to continuing its strong relationship
with Toray, which has been mutually beneficial. He said, “Scores of students each year are afforded
the opportunity to work at Toray, earning a stipend while putting their engineering skills to the test.
These hands-on work experiences provide a critical edge to our graduates and provide Toray with a
pool of talented engineering students in its North Kingstown and Lyon, France plants.”

The dean added: “Our ultimate goal is to attract the most talented engineering students and faculty
members to our program and to do that we need to have resources. These generous gifts will make a
great impact on our efforts and our desired outcomes. The bottom line is the more we can offer
both prospective students and faculty members, the more successfully we can compete and the
stronger our reputation becomes.”

The URI College of Engineering has nearly 1,100 undergraduate students, 200 graduate students
and 60 faculty members. It offers dynamic engineering programs in a collaborative learning
environment that fosters personal growth and professional development.

The College has seven accredited undergraduate degree programs, and confers graduate degrees at
the masters and doctoral levels. It is an acclaimed global leader in international engineering
education with its International Engineering Program, a five-year program that offers dual degrees,
one in engineering and the other in one of several foreign languages.



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The Making a Difference campaign was launched publicly in October of 2007. URI’s second major
capital campaign, it was undertaken to raise important funding to recruit and retain outstanding
faculty, enhance the student-centered experience, provide student scholarships and fellowships and
fund cutting-edge academic and research initiatives. The campaign also enhanced the construction
of several new, world class facilities including the Kingston campus’ new Center for Biotechnology
and Life Sciences building and its new pharmacy building, currently under construction.

In addition to the success of the campaign to date, according to Kerkian, fiscal 2010 was the biggest
year on URI’s fundraising books. Fiscal 2009 set historical benchmarks for the amount of gifts
raised despite a downturn in the economy which affected fundraising nationally.

For more information, please visit www.urifoundation.org.



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