Koret Foundation Launches $50 Million Higher Education Initiative

Koret Foundation Launches $50 Million Higher Education Initiative

The San Francisco-based has announced a $50 million initiative in support of twelve institutions of higher education in the Bay Area.

Focused on improving student success and building long-term capacity at the ; ; ; ; ; ; ; the ; the ; the ; the ; and the , the multiyear initiative will support efforts to strengthen those institutions based on their presidents' and chancellors' strategic priorities; upgrade campus facilities and technology to serve institutional and community needs; strengthen ties between Bay Area and Israeli scholars; and improve student success and graduation rates, especially among underserved students.

For eleven of the institutions, the grants awarded through the initiative are the largest they have ever received from the foundation. "As Santa Clara moves forward with an aspirational plan to expand its facilities and transform its programs, the Koret Foundation will ensure that these resources also benefit more students from underserved families," said Santa Clara University president Michael Engh. "The foundation's support will enable Santa Clara to fast-track three critical programmatic goals that would otherwise take closer to a decade to achieve."

"." Koret Foundation Press Release 06/15/2016.