Dear friends,
We are pleased to announce that earlier today, at our annual Academic Sponsors’ Meeting, the Board of Trustees of Mathematical Sciences Research Institute (MSRI) announced a transformational and unrestricted $70 million gift from two families and long- time MSRI supporters. The gift represents the largest endowment ever made to a U.S.-based institute dedicated to mathematics, and it significantly advances MSRI’s current endowment campaign goal of $100 million.
The donors – James and Marilyn Simons and Henry and Marsha Laufer – believe deeply in the mission and strategic vision of MSRI and have each committed $35 million to support the institute’s community-driven programs and initiatives both in Berkeley, where it is located, and worldwide.
We have significantly evolved and grown as an institute since our founding in 1982, and so much more will be able to happen with these resources, for and with the math community.
This unrestricted gift and the many others that are part of our endowment campaign will provide new programs, better support for researchers, and long term stability in funding. We are deeply grateful to the Simons and the Laufers for this generous endowment gift.
What follows are excerpts from a formal press release on the announcement, which will be distributed broadly tomorrow morning.
Dr. James H. Simons is a renowned mathematician, philanthropist and investor, and former chair of the Simons Foundation. He and his wife, Dr. Marilyn H. Simons, an economist and philanthropist, were among the institute’s first donors upon its creation in 1982. The family has remained supportive of the institute’s programs and public outreach initiatives over its history. In 2007, the family made a $10 million gift to endow a professorship to support distinguished mathematicians visiting MSRI and to help launch the National Math Festival, the Mathical Book Prize for youth literature, and other programs that serve to raise the public profile of mathematics and to advance basic research.
Dr. Henry B. Laufer is a fellow mathematician, long-time colleague of Dr. Simons, and former Vice President of Research at Simons’ Renaissance Technologies. He and his wife, Dr. Marsha Z. Laufer — renowned philanthropist, political activist, and speech-language pathologist — have supported MSRI for more than 20 years. The Laufers’ $35 million pledge is their largest gift to MSRI.
Their donations will be coupled with an additional $22 million in gifts from other donors, providing endowed funding that will support the institute’s research and programs.
“We are profoundly grateful for the role that math and sciences have played in our lives and we are honored to make this gift to MSRI,” said James and Marilyn Simons. “At Simons Foundation, we support outstanding research institutions around the world and MSRI is a great place to push the frontiers of knowledge.”
“For years, we have been impressed with MSRI’s dedication to elevating, amplifying and celebrating the mathematical sciences across the lifespan — from producing educational materials for PreK-12 educators, to fostering appreciation and enjoyment of mathematics through public outreach initiatives, all the way through to undergraduate and graduate student programs, post-doctoral fellowships, and beyond into professional applications and mentoring,” noted Henry and Marsha Laufer. “We are pleased that our gift to MSRI will allow the institute to continue in its mission and continue furthering research that will allow for the innovations of tomorrow."
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