Cornell University has announced a $20 million gift from the family of alumni Howard ('73) and Michael ('11) Milstein for a multidisciplinary program aimed at pioneering a new approach to leadership development in the twenty-first century.
The Milstein Program in Technology and Humanity, a collaboration between the College of Arts and Sciences and Cornell Tech, will combine a liberal arts and sciences education at the university with access to the knowledge and networks at Cornell Tech and a strong community of peers. The first of four classes of twenty-five students will be selected from among applicants to the College of Arts and Sciences entering as first-year students in the fall of 2018. Students in the program will select a major in the college but will have access to a specialized curriculum designed to develop their proficiency in computer science during the school year in Ithaca and will spend summers in New York City immersed in the innovation economy, where they will have access to speakers, mentors, and internship opportunities through Cornell Tech.
Howard P. Milstein is chair, president, and CEO of New York Private Bank & Trust and its operating bank, Emigrant Bank, and also serves as chair and CEO of the family's business operations, which include Milstein Properties, Milford Management, and Milstein Brothers Real Estate. As co-founder of Grand Central Tech, Michael Milstein helps support innovative startups.
"The new Milstein Program in Technology and Humanity will provide not only a foundation for students to develop the technical, intellectual, and organizational skills they need to drive progress in the digital age, but also a context and ethical framework that will equip them to shape society for the better," said Cornell president Martha E. Pollack. "Thanks to the Milsteins, we are able to cr"eate a truly distinctive experience for undergraduates in arts and sciences. I believe this program will be a model for our other Ithaca-based colleges and schools seeking creative partnerships with Cornell Tech to meet student and societal needs."