Thursday, February 13, 2020
University of Wisconsin, New John and Tashia Morgridge Gift: $70 Million Committed to One-For-One Match:
Thanks to the generosity of UW alumni John and Tashia Morgridge, UW–Madison has announced a new $70 million matching opportunity to support faculty recruitment and retention.
The match will be available to donors who would like to establish or enhance an endowed professorship or chair fund. An endowed professorship or chair distributes income annually in perpetuity to support faculty salary and research.
This one-to-one match will provide private support to help UW–Madison recruit and retain world-class faculty. ...
UW–Madison has 300 endowed professorships and chairs. ...
John and Tashia Morgridge created their third matching gift fund late last year, and it has already raised more than $34 million in gifts and match money combined. The match will run until Dec. 31, 2020, to create endowed professorships, chairs and distinguished chairs, based on the current campus faculty fund guidelines.