By Venus Wu
This afternoon, President David Skorton officially announced a gift of $35 million dollars made to the University by Andrew and Ann Tisch. Andrew, a member of the Board of Trustees, graduated in 1971.
The endowment will be used to establish the Tisch University Professorships, which aim to preserve and expand University faculty by offering more competitive salaries and supporting graduate research.
The fund comes at a time when universities nationwide are struggling to attract the most renowned scholars, especially mid-career professors.
Interim Provost David Harris, who will be responsible for allocating the funds, found it a “welcome relief.”