Baylor University in Waco, Texas, has announced a $100 million gift from an anonymous donor in support of strategic investments in new areas of teaching, research, and service.
A significant portion of the gift will create a dollar-for-dollar matching fund in support of the Baylor Academic Challenge, a new campaign aimed at maximizing the university's investments in research and academic programs. Through the initiative, the university hopes to increase the number of endowed faculty positions and generate additional funding to sustain and expand teaching and research in key areas.
The gift is the largest to date to Baylor's $1.1 billion Give Light campaign, which was publicly launched in November 2018 and has raised a total of $692 million in support of the university's strategic plan, which includes five areas of focus — health; data sciences; materials science; human flourishing, leadership and ethics; and Baylor in Latin America — and the creation of multidisciplinary centers of research excellence.
"This is a truly momentous day in the hundred-and-seventy-four-year history of Baylor University, as we celebrate Give Light and this extraordinary $100 million gift from members of the Baylor family that illustrates their powerful belief in the promise of the university's future and Baylor's distinct place in higher education," said the university's president, Linda A. Livingstone. "We are deeply grateful to these members of the Baylor family whose spirit of generosity and undying love for Baylor and its Christian mission will galvanize support from others who will come alongside and invest in Baylor, our strategic priorities under Illuminate, and our faculty and students in areas of greatest need and significant impact."