AAAS Receives $3.5 Million From Mandel Foundation

AAAS Receives $3.5 Million From Mandel Foundation

The American Academy of Arts and Sciences in Cambridge, Massachusetts, has announced a $3.5 million gift from the Jack, Joseph and Morton Mandel Foundation in support of organizational changes and infrastructure improvements.

The gift will support a variety of improvements at the 237-year-old organization, from HVAC systems and technology to additional staffing. The gift boosts the foundation's total giving to the organization to $11 million, making it the most generous donor in the academy's history. Other gifts from the foundation have supported public lectures and program committees, with a focus on the lasting impact of the academy's projects and publications.

Elected to the American Academy of Arts and Sciences in 2011, Morton Mandel is chair and CEO of Parkwood LLC and the Mandel Foundation. With his brothers Jack and Joseph, he founded Premier Industrial Corporation, where he served as chair and CEO until 2006.

"We are gratified by, and grateful for, this vote of confidence in the academy's vision and values," said AAAS president Jonathan Fanton. "Mort Mandel is an exemplary individual with regard to both philanthropy and business. We are honored by this investment in the work we do and the excellent people who come together across disciplines and divides to advance the common good."

"American Academy of Arts and Sciences Receives $3.5 Million Gift From the Mandel Foundation." American Academy of Arts and Sciences Press Release 08/29/2018.