Home Back Issues October 2008 PSU get record grant

PSU get record grant

| Print |  Email
Archives - October 2008
Wednesday, October 01, 2008

PORTLAND The James F.  and Marion L. Miller Foundation in September awarded a $25 million challenge grant to Portland State University, the largest in the university’s history, and the largest ever awarded by the foundation.

But that wasn’t the only milestone for the foundation. The grant is meant to boost economic development for the greater Portland area as much as it will boost education at PSU.

“We are certainly interested in PSU and education as such,” says Charles Rooks, the foundation’s interim executive director. “But the overarching purpose of the grant was to benefit the development of a higher quality of living and a higher economic standard [for Portland.]”

Rooks says the grant came from the evolution of the foundation, whose core mission is to support the arts and education, to be more proactive. “This grant was an opportunity to make an education grant with a larger impact,” he says.

The grant requires that PSU raise at least an additional $25 million over the next 10 years, and the money must be used exclusively for sustainability research and education. PSU President Wim Wiewell believes this is the largest grant to support sustainability in higher education.

“The more PSU develops expertise and a reputation nationally and internationally, we think that will help attract more businesses to cluster close to the university,” Rooks says.  “This grant is not trying to create some newfangled idea. It is trying to help strengthen and expand some already excellent activities.”           

ROBIN DOUSSARD



Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

The barber is back

June 2014
Thursday, May 29, 2014
BY MIKE GREEN

An old profession is new again.


Read more...

Oregon Business wins awards

News
Monday, June 30, 2014

ASBPEOregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.


Read more...

Blips and trends in the housing market

News
Thursday, June 26, 2014
062614 thumb realestateBY ERIC FRUTS | OB BLOGGER

Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?


Read more...

Updated: Disrupting innovation

News
Tuesday, July 08, 2014
070814 thumb disputive-innovationBY LINDA BAKER  | OB EDITOR

The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation  — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment. 

Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.


Read more...

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


Read more...

Why I became an Oregon angel investor

Guest Blog
Monday, July 14, 2014
AngelInvestBY TERRY "STARBUCKER" ST. MARIE

I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.


Read more...

2014 Best Green Companies to Work For announced

News
Wednesday, May 28, 2014

100BestGreenMore than 350 people turned out today for Oregon Business magazine’s sixth annual celebration of the 100 Best Green Companies to Work For in Oregon.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS