Anonymous Bequest to Benefit ISyE Faculty & Students

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Barbara Christopher
Industrial and Systems Engineering
Contact Barbara Christopher
404.385.3102
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Summary Sentence:

Anonymous Bequest to Benefit ISyE Faculty & Students

Full Summary:

The Stewart School of ISyE has received a $3 million bequest from an anonymous alumnus that will establish an endowed faculty chair, an endowed fund for the unrestricted support of ISyE, and support for an existing endowed President's Scholarship Fund.

The H. Milton Stewart School of Industrial and Systems Engineering (ISyE) has been the nation's top-rated ISyE program for nearly two decades. A robust record of philanthropic investment has been an important element in keeping the School at the top of the U.S. News & World Report rankings all these years. The School's namesake, H. Milton Stewart, IE 1961, and his wife Carolyn exemplify the generosity and commitment of ISyE's many devoted friends and alumni.

That tradition continues with a recent $3 million bequest provision from an anonymous alumnus. The funds will ultimately establish an endowed faculty chair in ISyE, an endowed fund for the unrestricted support of the School, and additional support for an existing endowed President's Scholarship Fund.

"This is a wonderful investment in the future of the Stewart School of Industrial and Systems Engineering," said Chelsea C. White III, the H. Milton and Carolyn J. Stewart School Chair and Professor. "The quality of our faculty is a key long-term component in maintaining and growing the School's overall reputation, and the establishment of this endowed chair in future years will augment those efforts significantly. In addition, the endowed fund for unrestricted support of ISyE will almost certainly play a critical role in the School's future, as it will give us much-needed flexibility to take advantage of rapidly emerging opportunities. I want to thank this generous alumnus for helping to secure the future of a vital, internationally prominent, and relevant program."

The President's Scholarship Program, Georgia Tech's premier merit-based award for undergraduates, will also benefit significantly from this estate gift. "The ongoing success of the President's Scholarship Program after nearly thirty years could never have happened without the support of so many loyal alumni and friends," said Randy McDow, IE 1995, MS PUBP 2003, director of the President's Scholarship Program and a former President's Scholar himself. "I want this alumnus - and all who have given to the program - to know how truly grateful our President's Scholars are and how hard they work to make those investments meaningful."

Originally established as a program in 1924, ISyE earned school status in 1945. The largest academic program of its kind in the United States, ISyE has sixty tenure-track faculty members and supports a broad spectrum of academic concentrations, several of which have achieved world-class rank.

To inquire about making a gift in support of Industrial and Systems Engineering, contact Director of Development Nancy J. Sandlin at 404.385.7458 or nancy.sandlin@isye.gatech.edu. To inquire about making a planned gift to Georgia Tech, contact a member of the Gift Planning team at 404.894.4678 or founderscouncil@dev.gatech.edu.

Additional Information

Groups

H. Milton Stewart School of Industrial and Systems Engineering (ISYE)

Categories
Alumni, Institute and Campus, Economic Development and Policy
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Keywords
$3 million, anonymous alumnus, bequest, donation, endowment, gift, president\'s scholarship
Status
  • Created By: Barbara Christopher
  • Workflow Status: Published
  • Created On: Jun 17, 2009 - 8:00pm
  • Last Updated: Oct 7, 2016 - 11:03pm