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Missouri University Of Science And Technology Receives $300 Million Gift, The Largest In Missouri Higher Education History

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Missouri University of Science and Technology(Missouri S and T) announced today that it had received a $300 million donation, the largest single gift in the history of Missouri higher education. St. Louis businessman and Missouri S and T alum Fred Kummer and his wife June are giving the money to a foundation they created that will support several initiatives at the university.

The Kummers’ gift will be administered by The Kummer Institute Foundation. Funds from the foundation will support several new initiatives at Missouri S&T, including:

  • A new research and development entity modeled after other university-affiliated centers like the Lawrence Livermore National Laboratory in Livermore, California and the Johns Hopkins Applied Physics Laboratory in Laurel, Maryland. The new organization will be the home to four new research centers – focused on infrastructure, advanced manufacturing, artificial intelligence and autonomous systems, and environmental and resource sustainability.
  • The Kummer School of Innovation, Entrepreneurship and Economic Development, a new school that will combine academic programs in business with new programs related to innovation and entrepreneurship at the bachelor’s, master’s and Ph.D. levels.
  • Scholarships, fellowships and other enhancement for high-achieving undergraduate and graduate students.
  • Expansion of the university’s online degree programs.
  • New research faculty positions.
  • Expansion and renovation of existing facilities along with construction of new buildings and labs.
  • Enhanced community outreach through student-community engagement, a lecture series, and a shuttle service between S&T and St. Louis to bring students from the metropolitan area to Rolla

“This gift is transformative for S&T, the Rolla region and our state,” said Dr. Mo Dehghani, Missouri S&T chancellor. “For nearly 150 years, Missouri S&T has been known as the state’s premier technological university. Now, thanks

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Smith College receives $50M gift; largest individual donation in its history

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NORTHAMPTON — Smith College has received a $50 million endowment gift — the largest individual donation in the school’s 155-year history.

The college announced Tuesday that the gift — $40 million designated for student financial aid and $10 million to “re-envision” the school’s career development program — is from an alumna who wishes to remain anonymous. It was made through a private foundation.

“I could not be more grateful for this alumna’s generosity, vision and belief in the power of a Smith education,” Kathleen McCartney, Smith College president, said in a statement.

“Her investment in the college will allow us to make a giant stride in equalizing the Smith experience for students from low- and middle-income backgrounds.”

The announcement included a statement from the donor saying, “Smith had a meaningful impact on my life, both personally and professionally, and I feel an obligation to pay it back.”

One of Smith College’s goals, according to McCartney, is to admit qualified students without regard to family circumstances, referred to as “need-blind admissions.”

“It is my deepest wish,” McCartney said, “that this alumna’s generosity will inspire others to help the college reach this goal.”

Smith College, which enrolls more than 2,500 undergraduates from nearly every state and more than 70 other countries, said it awarded more than $80 million in federal, state and college aid to 69% percent of its students during the last academic year.

Established in 1871 and opening four years later, Smith College has educated notable authors, journalists, activists, politicians, philanthropists, actresses, filmmakers, academics, CEOs, two First Ladies and recipients of the Pulitzer Prize, Academy Award, Emmy Award, MacArthur Grant, Peabody Award, and Tony Award.

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2019 was the second largest year ever for corporate solar investments

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Throughout 2019, tech companies such as Apple and Facebook, retailers such as Walmart and Target, and other corporations from real estate companies to banks installed a combined 1,283 megawatts of new commercial solar capacity in the United States—enough to power more than 243,000 homes.

That figure comes from the Solar Energy Industries Association’s latest Solar Means Business report. After 2017, 2019 was the second largest year on record for corporate solar investments (corporations installed 1,368 megawatts of solar capacity in 2017). U.S. corporations have invested in a cumulative total of 8,300 megawatts of solar power.

SEIA’s annual report tracks both on-site (solar panels on the roof of your local Walmart or Target) and off-site (when a company gets its energy from a separate solar farm) commercial solar installations. Though slightly behind 2017 in terms of overall added solar capacity, 2019 was a record year for on-site solar installations, with 845 megawatts of solar power installed right on company premises.

The annual report also ranks the top corporate solar users, based on a company’s overall solar capacity. Apple leads the country in terms of most solar capacity, followed by Amazon, Walmart, Target, and then Google in the top five. Walmart installed the most new solar in 2019 with 122 megawatts, which increased the company’s overall solar use by 35%. Now, Walmart has a total of 331 megawatts of solar capacity overall. Each week, according to SEIA, more than 7.2 million people—2.2% of the country’s population—shop at a Walmart store with a solar installation.

The top 10 corporate solar users:
1. Apple
2. Amazon
3. Walmart
4. Target
5. Google
6. Kaiser Permanente
7. Switch
8. Prologis
9. Facebook
10. Solvay

This surge in solar power is a result of both corporate environmental commitments and the fact that solar can save these

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‘Unacceptable’ Offers Juicy Details On The Largest College Admissions Scandal : NPR

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A new book tells the story behind Operation Varsity Blues, the largest college admissions scandal ever prosecuted by the U.S. Department of Justice.

Elissa Nadworny/NPR


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Elissa Nadworny/NPR

A new book tells the story behind Operation Varsity Blues, the largest college admissions scandal ever prosecuted by the U.S. Department of Justice.

Elissa Nadworny/NPR

The college admissions process has long been sold as a system of merit: Do well in school, write a killer essay, score well on the SAT, and you’ll get in. Yet the recent nationwide scandal, dubbed Operation Varsity Blues, laid bare just how much money, instead of aptitude, often drives admissions at elite colleges.

In March of 2019, federal prosecutors charged 50 people with participating in a scheme to cheat the college admissions system at select colleges nationwide. The investigation into widespread cheating and corruption included Hollywood celebrities, Division I college coaches and wealthy parents who conspired to cheat the process. At its center was a college counselor named Rick Singer, who made millions by bribing coaches at major universities to admit his clients’ children as athletes for sports they often didn’t play, and by rigging SAT and ACT test scores.

In the new book Unacceptable: Privilege, Deceit, & the Making of the College Admissions Scandal journalists Melissa Korn and Jennifer Levitz , who covered Operation Varsity Blues for the Wall Street Journal, give life to the largest college admissions scandal ever prosecuted by the U.S. Department of Justice.

The interview was edited for brevity.

What did you find most interesting about Operation Varsity Blues?

Melissa Korn: I found the complexity of the scheme to be the most interesting part. This wasn’t just one corrupt guy helping a crooked parent. Each prong of the operation, both testing and bribery/fake athletes, involved multiple players