Business/Philanthropy Releases

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The Robinson and Piedmont Foundations Honor Emory Trustee Emeritus With Naming of University Clock Tower, Carillon Bells


Atlanta, Ga. The Robinson and Piedmont Foundations have honored Emory University trustee emeritus Bill Robinson and his wife, Betty, by making a gift to name the university's clock tower and to install carillon bells that will chime music for the enjoyment of the campus $200 Million Milestone


Atlanta, Ga. University researchers brought in a record-breaking $205.7 million during the 1999 fiscal year, a 25 percent increase over last year. In the past seven years, Emory's sponsored research base has more than doubled, going from $95.4 million in 1992 to $205.7 million.

Emory Receives High Bond Ratings; Borrows $295 Million to Pay For Capital Projects


Atlanta, Ga. Emory has received favorable ratings on bonds that will be issued in late September on the university's behalf to fund construction projects. Emory received an Aa1 rating from Moodys Investors Service and an AA rating from Standard & Poor's (S&P) on $295 million worth of bonds. The money is being borrowed to finance major construction projects including the Whitehead Research Center, the Physical Sciences Center and the new nursing school.

Emory Receives $8 Million Gift To Name New Performing Arts Center For Alumna and Her Family


Atlanta, Ga. Emory University will name its new performing arts center, scheduled to begin construction next summer, for alumna Donna Schwartz and her husband, Marvin. The Schwartzes have donated $8 million toward the new facility­­­the Donna and Marvin Schwartz Center for Performing Arts­­­which will bring together the university's music, theater and dance programs in a space dedicated to the arts.

Emory Law School To Use $2.5 Million Settlement To Establish Sam Nunn Chair, Fellowships, Colloquia


Atlanta, Ga. Emory Law School will use income from a $2.5 million settlement received earlier this year in a case involving DuPont Co. to establish a faculty chair in ethics and professionalism, student fellowships for professional service, and a series of colloquia on the profession of law, all named in honor of former U.S. Sen. Sam Nunn, an alumnus of the school.

Emory University Student Receives Honor Society Scholarship


Atlanta,Ga. Emory University junior Danielle Sered, daughter of Joan Sered Smith of Evanston, Ill. (60201), has been awarded the 1999 Sigma Tau Delta International English Honor Society Junior Scholarship Award of $2,000. The award, offered in honor of E. Nelson James, long-time executive secretary of Sigma Tau Delta, is given to applicants who demonstrate both academic scholarship and chapter service.

Emory's Candler School of Theology Receives Largest Gift in Its History


Atlanta, Ga. Emory University's Candler School of Theology is one of four beneficiaries of a $166 million trust established by W.I.H. and Lula Pitts of Waverly Hall, Ga., whose generosity throughout their lives touched Emory and other Methodist institutions across the state. The bequest is the largest gift ever received by Candler, one of 13 seminaries of the United Methodist Church, and the third largest in Emory's history.

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