Legacy Lives On

The legacy of visionary researcher Lester B. Lave will be honored by the establishment of a professorship in economics, engineering and public policy, and a fellowship for doctorial studies on innovative areas in economics, public policy and engineering at Carnegie Mellon University.

Lave, one of the nation's leading environmental economists, died May 9, 2011, at his home after a four-month struggle with cancer.

The gift will be used to establish a fund to create and support an endowed professorship with a joint appointment between CMU's Tepper School of Business and the Department of Engineering and Public Policy in the College of Engineering. The holder of this new faculty chair will be expected to be an accomplished scholar with a strong background in engineering or the natural sciences, and a doctorate in economics with a special interest in public policy issues.

In addition to the professorship, the Lave family gift also provides for a fund that will be used to support and sustain a fellowship in doctoral studies on new and innovative research areas in engineering and public policy.


Making History

Businessman, scholar, philanthropist and longtime Carnegie Mellon University trustee William S. Dietrich II has announced a plan to provide a record-breaking gift of a $265 million fund to support CMU.

It's the largest gift in CMU's history and one of the 10 largest by an individual to a private higher education institution in the United States.

The fund will be a catalyst for CMU’s global initiatives and its fusion of left-brain and right-brain thinking. It will enhance studies connecting technology and the arts, as well as future academic initiatives such as undergraduate and graduate programs, scholarship, artistic creation and research.

In recognition of the gift, CMU’s College of Humanities and Social Sciences will also be named the Marianna Brown Dietrich College of Humanities and Social Sciences after Dietrich’s mother, a homemaker who inspired and supported Dietrich throughout his life.

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