UH System Chancellor Renu Khator said the donor has challenged the university to match the gift.
“This puts a $100 million impact on the University of Houston,” she said, during a meeting by the UH System Board of Regents Thursday. “It will change the way we do business, our power as an academic and research institution, it will change us forever.”
The money will be used to establish four new institutes in the areas of energy, infrastructure, precision medicine and global engagement.
It will also create endowed chairs and professorships across the university.
This follows the April announcement of a $10-million grant to the University of Houston Texas Center for Learning Disabilities by another anonymous donor to preserve and enhance the program.
Another welcome, shocking contribution also came roughly this time last year. In July of 2018, an anonymous donor gave a $3 million gift to cover the entire tuition of all 30 students of the inaugural class of University of Houston’s new College of Medicine.
The “veteran” part of the description that Fertitta gave makes me think that it’s Richard Kinder who has ties to Houston and was a Captain in the US Army. He has given large sums of money to many Houston institutes, including Rice, even though he graduated from Mizzou (has also given them large sums of money).
What an amazing and transformative gift! Thanks to the donor for his immense generosity.
I believe this gift is the second largest in UH History. John Moores gave $51 million previously (part of it went to athlectics, though). This donation is the largest in the ongoing “Here, WE GO” campaign.