Neubauer Family Foundation Awards $25 Million to UChicago

Neubauer Family Foundation Awards $25 Million to UChicago

The University of Chicago has announced a $25 million gift from the Neubauer Family Foundation in support of its efforts to attract high-performance, high-impact doctoral students able to apply original thinking to fundamental problems.

The gift, the largest ever made to the university for Ph.D. education, will create the Neubauer Family Graduate Student Leader/Change Agent Fund, providing additional resources for the recruitment of Ph.D. students in the humanities, physical sciences, and social sciences. To that end, the fund will award up to six years of augmented stipends to select doctoral students — to be known as Neubauer Family Distinguished Doctoral Fellows — starting with the 2018-19 academic year. The gift also will be used to strengthen existing programs  aimed at enhancing students' professional skills and preparing them to become next-generation leaders in a broad range of careers.

"The most direct way to change the world for the better is to invest in human capital," said alumnus (MBA '65) and UChicago board chair Joseph Neubauer. "This gift is intended to enable the University of Chicago to recruit top academic talent at the Ph.D. level — future change agents who will graduate with both knowledge and purpose, intent on effecting substantive, lasting, positive improvement in their chosen fields."

"The University of Chicago is focused on complex problem-solving," said Jeanette Lerman-Neubauer. "Scientific knowledge helps with the 'how'. The humanities define the 'why'. Graduate students at the university are challenged by multiple perspectives and strengthened by their ability to use them."