Duke University in Durham, North Carolina, has announced a $1.25 million gift from alumnus Lawrence D. Lenihan to the university's Pratt School of Engineering to build a special laboratory for undergraduates to brainstorm, design, and develop innovative projects.
The lab, which will be named the Lawrence D. Lenihan Jr. Learning Center, will occupy more than 3,000 square feet in a new engineering building that is expected to be complete by the second half of 2004. Lenihan graduated from Duke in 1987 with a degree in electrical engineering and began his career at IBM. After earning an MBA from the Wharton School of Business, Lenihan worked for Broadview Associates and then in 1996 helped start Pequot Capital Management Inc., a technology and health-care investment company. A member of Duke's board of visitors, Lenihan is also providing support for a scholarship program for underrepresented minorities who live in New York City.
"The learning center will be an important element in Pratt's expansion of teaching facilities and will allow us to enhance the individualized learning experience for each engineering undergraduate," said Duke president Nannerl O. Keohane. "We thank Larry Lenihan for his generosity and for his vision in supporting our efforts to prepare Pratt students for technological leadership in the nation and world."