Landmark gifts herald a new era for Johnson
Dear Alumni and Friends:
In this month when so many alumni are discussing the future at Johnson's Predictions Dinners I am making my own prediction: 2014 will be a pivotal, breakthrough year for Johnson. I take great pleasure in announcing several extraordinary gifts that give us the momentum we need to move forward on our ambitious goals.
A remarkable $10 million gift from John Smith, MBA '74, and his wife, Dyan Smith, will establish the John and Dyan Smith Family Business Initiative, to be housed within the Entrepreneurship and Innovation Institute (EII) and provide support for three key additions:
- The John and Dyan Smith Professorship of Management and Family Business. This appointee will serve as the initiative's lead faculty member.
- The Smith Family Clinical Professorship of Management. This appointee will serve as director of the initiative.
- The Smith Family Research, Program, and Faculty Support Fund, which will support a number of activities, including course offerings, student and alumni programming, marketing and outreach, presentations by visiting executive speakers, and faculty recruitment
Family businesses are the foundation of economic growth worldwide, and the Smith Family Business Initiative will enable Johnson to move forward quickly with both research and new and innovative curriculum specific to family businesses. Read more about this generous, groundbreaking gift on our website: Gift of $10 Million Establishes Smith Family Business Initiative at Johnson at Cornell University.
I am also very pleased to announce a gift of $5 million from the Dyson Foundation, on behalf of Rob Dyson, MBA '74, emeritus member of the Advisory Council and co-chair of Johnson's New York City steering committee. This milestone gift is to fund an endowed professorship, Johnson's first founding faculty position at Cornell NYC Tech. We are now hiring our first permanent faculty for Cornell Tech and this chaired faculty position is a big boost to our ambitions there. You can read more about this gift on our website: Dyson Foundation Funds Founding Faculty Chair for Johnson at Cornell NYC Tech.
In addition to these landmark gifts, I am grateful for a generous gift of $1.5 million from Fisk Johnson '79, MEng '80, MS '82, MBA '84, PhD '86, and for a $1 million pledge for Johnson's global initiatives from James C. Morgan, MBA '60.
Johnson is undertaking several bold initiatives that define business education and position the school as the leader for the connected world. These gifts highlighted here put Johnson firmly on the path to achieving our goals and bringing our vision for the future to fruition. But we will need the involvement and generosity of all our alumni to usher in a new era for Johnson. As a catalyst for Johnson's innovative advances, several Johnson alumni have pledged $25 million to the school if we can raise an additional $25 million to support the programs, faculty, research, scholarships, and infrastructure. Dubbed the Innovation Challenge, this drive to alumni to raise $25 million will be unveiled at our Alumni Recognition and Celebration Dinner in New York City on Jan. 30, 2014.
Stay tuned for more details and updates as Johnson continues to make great strides in expanding our reach, reputation, and impact.
With warm regards,
Anne and Elmer Lindseth Dean