NJIT announced today the fulfillment of the late Otto H. York's $1M pledge to NJIT. Daughter of the visionary York, Myrth York of Providence, RI, presented NJIT with a check for $490,000 to complete the commitment to the Otto H. York Department of Chemical, Biological and Pharmaceutical Engineering. In 2002, the department was named in honor Otto H. York, chemical engineer, entrepreneur, philanthropist, and long-time benefactor of the university. York had pledged $1M to the department to establish an endowment supporting scholarships to attract outstanding students and to support faculty research.
"Over the years, NJIT has had many reasons to be grateful for the deep personal concern that Otto York showed for our university, and for his generous financial support," said NJIT President Robert A. Altenkirch. "But his concern and support are not just part of our past; they are very much invaluable components of our future. Otto York's legacy of engagement with the department of chemical, biological and pharmaceutical engineering that bears his name will enable NJIT to foster the talents of exceptional young women and men, and to maintain our leadership in disciplines vital to the prosperity of New Jersey and the nation."
The gift empowers Chairman Norman Loney, PhD, to actuate his five-year plan.
Following the Engineer of 2020 vision of the National Academy of Engineering (NEA), http://www.nae.edu/programs/education/activities10374/engineerof2020.aspx Loney's strategy connects diversity and industry. As his first initiative, Loney will bring on board a female university lecturer with professional pharmaceutical industry research experience who will help to pursue opportunities for NSF-funded student experiential education. The new faculty member will continue to connect with industry to build a long-range plan including increased hands-on exp
|Contact: Sheryl Weinstein|
New Jersey Institute of Technology