$20m for aid, more


George Weiss (W65) has said yes to Penn again in a big way.

Weiss Say Yes to Education foundation has donated $20 million to the University to enhance campus life, support faculty and strengthen financial aid.

Nearly one-third of the gift, or $6 million, will go to financial aid, including a $5 million challenge fund that will provide one dollar for every two new dollars raised.

At a Feb. 1 ceremony in which President Judith Rodin accepted the gift, Weiss explained that he wanted to encourage his fellow trustees to give and promote minority permanence with the challenge fund.

If theres anybody, especially a minority, whos not coming to Penn because they cant afford it, thats a travesty, he said.

The gift will also create Weiss House, a campus hub for innovative technologies for undergraduate students along the lines of Kelly Writers House; establish an endowed professorship; and provide support for campus athletic priorities.

Over the past 25 years, Weiss has given nearly $40 million to support various Penn programs.

 

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Originally published on February 15, 2001