Campus Briefs

established so far during this academic year, the biggest collection of new chairs since the middle of the centennial campaign.

AN AUSPICIOUS BEGINNING  The first $100 million has been pledged in a campaign to raise a $200 million endowment for graduate fellowships. The endowment will be used to sustain at least 300 new fellowships, primarily in the sciences and engineering. University President Gerhard Casper announced the Stanford Graduate Fellowships Program, as well as plans to hire 20 new professors and improve undergraduate studies, at a meeting of the Faculty Senate on May 9, 1996. “Together, these two initiatives are intended to put us in a position to sustain our strength in teaching and research for the coming decade,” he said. The fellowship program will significantly reduce Stanford’s annual reliance on federal assistantships for graduate students. In the first phase of the program, the matching fund of $100 million was created by a small number of founding donors. In the second phase, which had netted $8 million in gifts from nine lead donors by mid-April, the objective will be to raise $100 million from donors whose gifts will be matched one for one. Founding donors include Robert and Anne Bass, MBA ’74, Stanford trustee and president of Keystone, Inc.; John and Tashia Morgridge, MBA ’57, chairman of Cisco Systems; and the David and Lucile Packard Foundation. Lead donors are the Lucille P. Markey Charitable Trust (Dr. Robert Glaser, director, Medical Sciences); Dr. Burton and Deedee McMurtry, M.S. ’59, Ph.D. ’62, general partner of Technology Venture Investors; Thomas V. Jones, ’42, retired chairman of Northrop Corporation; Andreas Bechtolsheim, M.A. ’82, co-founder of Granite Systems; Franklin P. Johnson Jr., ’50, M.A. ’64, partner of Asset Management Company; Dr. David and Mary Collins, ’64, chairman and CEO of Learning Tree International; Dr. Sang Samuel and Janet Chia Wang, Ph.D. ’77, chairman and CEO of Epic Design Technology, Inc.; Winston Chen, chairman of Paramitas Foundation; Richard and Geraldine Reed Hodgson, ’37/’38, director of McCowan Associates; Pierre and Christine Lamond, general partner of Sequoia Capital; and Eric and Illeana Benhamou, M.S.’77, president, CEO and chairman of 3COM Corporation. ST

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MAY/JUNE 1997

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