Howard University Receives $10 Million, Its Largest Gift Ever, for STEM Program
Written by jm on 01/24/2020
Howard University received a $10 million donation to forward
its efforts to prepare its students for a career in science, technology,
engineering or mathematics.
The donation was gifted by the Karsh Family Foundation and is the largest donation the university has ever received, according to The Washington Post. The money will be used to fund Bison STEM Scholars Program (BSSP), which will be renamed Karsh STEM Scholars Program (KSSP). The BSSP was founded in 2017 to “increase the number of underrepresented minorities earning a Ph.D. or combined M.D./Ph.D. in a STEM discipline,” per a press release from Howard.
The program admits about 30 students a year and gives them full scholarships, study-abroad programs, internships and other benefits. Howard has been credited with awarding 130 science and engineering doctorates between 2013 and 2017, more than any other HBCU.
“We are grateful to Martha and Bruce Karsh for their transformative investment and support of our students and our vision to create a diverse workforce of highly-skilled scholars equipped to take on careers in the areas of science, technology, engineering and math,” said Howard President Wayne A. I. Frederick.
The Karsh Family Foundation was founded in 1998 by attorneys
Martha and Bruce Karsh to fund scholarships and other education-related expenses.
The organization has doled out $250 million in funding since its inception, per
WTOP. Spelman College received $2 million from the Karsh Family Foundation in February
2018, according to a press release.
“We are excited to endow this visionary program at Howard,” Martha
and Bruce Karsh said in a statement.
“Simply put, we believe education, expertise and research in
STEM fields will define mankind’s future, and we are proud to be able to help
Howard attract and support the best and brightest students for its already
The donation will also sponsor the Lomax KIPP Scholarships, which
will be awarded to graduates of the Knowledge is Power Program network of
charter schools. The schools serve students from underprivileged backgrounds.
A statement from Richard Barth, CEO of the KIPP Foundation,
said the organization is “filled with gratitude” for the scholarship.
“This scholarship and our partnership with Howard will
ensure more KIPP students have access to a phenomenal college education and the
opportunity to pursue their passions,” Barth continued.
The scholarship is named after UNCF head Dr. Michael L.
Lomax, who sits on KIPP’s board of directors with Martha Karsh.
“We are inspired by Dr. Lomax’s passion to remove all
obstacles for underserved students, and his relentless passion to advocate for
Historically Black Colleges and Universities (HBCUs),” the Karshes said in a
statement. “We share his vision of creating a more equitable and affordable
education system from preschool to graduate school, and we are proud to honor
his name with this scholarship at an institution as prestigious and historically
significant as Howard University.”
The Lomax scholarship will award a full ride for two students every year. Interested students have until Jan. 30 to apply for the KSSP scholars program and until Feb. 15 for the scholarship.
Source: Atlanta Black Star