A $10 million donation to the University of Haifa might be used to construct a downtown campus in an effort to revitalize the varsity and the town, the college introduced Thursday.
A brand new campus of a minimum of 4 buildings might be positioned within the Port of Haifa and the town’s downtown space.
The donation is from American philanthropist Lorry Lokey, the founding father of the worldwide media relations service Business Wire.
An early signer of The Giving Pledge — a dedication by the world’s wealthiest people and households to dedicate the vast majority of their wealth to giving again — Lokey has donated greater than $800 million, or some 98 p.c of his lifetime earnings, to charities, universities, and academic establishments, together with the University of Oregon, Stanford, the Leo Baeck School, the Weizmann Institute of Science, and the University of Haifa.
Jewish businessman and philanthropist Lorry Lokey in 2013. (Screen seize: YouTube)
The Haifa municipality is aiding the college with the acquisition of a number of the new buildings, and Lokey’s donation might be used to cowl the challenge’s renovation prices.
“This gift is an affirmation of its mission to improve access to education and bring more jobs, stability, and security to northern Israel by establishing a downtown campus,” Lokey stated in an assertion. “I invite others to join me in transforming what is becoming one of Israel’s most important universities.”