Duke's Sanford School gets $10 million in largest single gift
Posted April 30, 2013
Durham, N.C. — Duke University trustee David M. Rubenstein is giving $10 million to the Sanford School of Public Policy to endow graduate fellowships and undergraduate internships, and to create a fund that will enhance the school’s engagement with the policy world, President Richard H. Brodhead announced Tuesday.
The donation is the largest single gift to Sanford.
"We are profoundly grateful to David Rubenstein for his continued generosity to Duke,” Brodhead said in a statement. "This gift reflects Duke’s highest priorities: It helps talented students afford a Duke education, it expands opportunities for students to apply their knowledge in service to society and it ensures that the Sanford School of Public Policy continues to contribute policy expertise toward addressing the world’s complex problems."
Of the gift, $6 million will be used to fund David M. Rubenstein Fellowships for master’s degree candidates at Sanford who have already demonstrated a commitment to public service through programs such as Teach for America, AmeriCorps and the Peace Corps.
Another $2 million will be used to fund internships for undergraduate students.
The final $2 million will create the David M. Rubenstein Dean’s Engagement and Impact Fund, which can be directed by the dean toward projects that will increase the impact and visibility of the work done by Sanford faculty and students.