Princeton University has announced a gift from alumnus Carl Ferenbach III ('64) and his wife, Judy, in support of environmental research and educational initiatives.
The gift from the couple's High Meadows Foundation will support teaching and research at the Princeton Environmental Institute, which was founded in 1994 with support from the Ferenbachs as a central resource for multidisciplinary environmental research, and today is focused on society's most pressing environmental issues, including climate change, energy, biodiversity, food, and water. In recognition of the couple's latest gift, the institute will be renamed the High Meadows Environmental Institute (HMEI).
The Ferenbachs' longtime support for environmental initiatives at Princeton includes gifts to establish the High Meadows Fellows Program, the High Meadows Foundation Sustainability Fund, the Grand Challenges program, and the High Meadows Preceptorship Fund.
"It is our hope that this gift inspires generations of students to engage in environmental stewardship because we've reached a moment where it will play a crucial role in every social, economic, and political issue," said Ferenbach, who co-founded Berkshire Partners LLC in 1986. "Scientific research only becomes a reality if our understanding can be formulated into sound policy, and that policy only becomes effective if it actually can be implemented into our society. The institute brings together experts from many academic disciplines, making it uniquely positioned to lead in this effort."