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RIT meets challenge for $1M endowed fund

Rochester Institute of Technology has met the challenge to establish a $1 million endowed fund to support undergraduate research in its College of Science.

University leaders announced Monday a challenge grant from the Fred L. Emerson Foundation, along with commitments from more than 100 donors, will allow RIT to double the number of undergraduate students conducting full-time scientific research during the summer.

The Emerson Foundation offered to give the university a $250,000 challenge grant contingent upon RIT raising the remaining $750,000 in new gifts and pledges by Oct. 1. The challenge was met Oct. 30.

(c) 2015 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email rbj@rbj.net.

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