Swarthmore grad in 1938 gives college $50 million
By The Associated Press
Published: Saturday, Dec. 8, 2012, 9:00 p.m.
PHILADELPHIA — Swarthmore College has received a $50 million gift to strengthen collaboration between engineering students and those in other liberal arts disciplines.
The elite liberal arts college in suburban Philadelphia announced the gift, the largest in its the 148-year history on Saturday. The funds from philanthropist and Swarthmore alumnus Eugene Lang will be used to establish new engineering and science facilities.
Lang, 93, said his gift is meant, in part, as a continuation of the college's decision to include engineering as part of the curriculum in 1871. Swarthmore said it is one of just nine premier liberal arts colleges with a dedicated engineering program.
“My respect for money is in the things that it can accomplish,” said Lang, who graduated from Swarthmore in 1938 with a degree in economics. “The issue is how we use what we have to do things that are worth doing, to contribute in a way that makes things better.”
He said he hopes his gift will inspire acts of philanthropy in others.
The college said Lang's gift will allow Swarthmore to foster interdisciplinary connections among students and faculty in engineering and the arts, the sciences, humanities, and the social sciences.
Swarthmore College President Rebecca Chopp said Lang's generosity and vision will ensure the purpose and future of the college and the mark its graduates make in the world.
“This is philanthropy as an investment in the future, as an investment in the students,” she said.
Lang, a chairman emeritus of Swarthmore's managing board, founded the I Have a Dream Foundation in 1981 to provide college scholarships for underprivileged students. In 2001, he founded Project Pericles, a nonprofit that encourages civic engagement among college students.
He retired in 1997 as chairman of REFAC Technology Development Corp., which he founded in 1952. That year, he gave Swarthmore $30 million — then the largest gift ever to a private liberal arts college — to support a variety of academic programs, financial aid, campus improvements and performing arts and music facilities.
Before his historic 1997 gift, he had given about $20 million to the college over the previous three decades.
Lang also has made multimillion-dollar donations to The New School's undergraduate liberal arts college, named Eugene Lang College, and the Eugene M. Lang Center for Entrepreneurship at Columbia University.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Adams County bar gets 1st small-games license
- Pope Francis’ civil union stance has its defenders
- GOP says privatizing LCB could aid budget
- Greene County proposes more than $200,000 for Brave sewage plant rehab
- Retired Pa. Game Commission chief to get $220K severance payment
- News Alert