With $500,000 grant to University of Arizona, SPIE launches $2.5 million endowment matching program

Aug. 22, 2019

SPIE, the international society for optics and photonics, has unveiled a $2.5 million, five-year educational-funding initiative: the SPIE Endowment Matching Program will enhance educational capacity in optics and photonics by supporting endowment funding at qualified institutions. The program adds to the more than $4 million that SPIE devotes annually to community support, including scholarships, travel grants, and student programs. The program's first grant of $500,000 creates the SPIE Chair in Optical Sciences at the University of Arizona.

With this new matching program, SPIE will support optics and photonics education and the future of the industry by contributing up to $500,000 per award to college and university programs with optics and photonics degrees or with other disciplines allied to the SPIE mission. The initial SPIE contribution to the University of Arizona, matched by a factor of three with funds donated by James Wyant (professor emeritus at the University of Arizona's James C. Wyant College of Optical Sciences) and his family, names a new, $2-million-endowed faculty chair. SPIE encourages qualified institutions to establish future endowments with the Society, structuring funds to ensure perpetual or long-term availability for teaching and research.

"The proposal to fund an endowed chair, initiated by Jim Wyant's philanthropy, generated a terrific reaction from the SPIE Board of Directors," says SPIE President Jim Oschmann. "We were delighted to approve this exciting program and look forward to creating multiple new endowments in partnership with our colleagues at educational institutions across the optics and photonics community."

For more information about the SPIE Endowment Matching Program, please visit www.spie.org/endowment.

Source: SPIE


About the Author

John Wallace | Senior Technical Editor (1998-2022)

John Wallace was with Laser Focus World for nearly 25 years, retiring in late June 2022. He obtained a bachelor's degree in mechanical engineering and physics at Rutgers University and a master's in optical engineering at the University of Rochester. Before becoming an editor, John worked as an engineer at RCA, Exxon, Eastman Kodak, and GCA Corporation.

Sponsored Recommendations

Download New Product Development Strategies White Paper

March 27, 2025
Discover the importance of new product innovation, different process methods, and best practices for optimizing your company’s strengths.

Manufacturing Considerations for Tolerancing Aspheres

March 13, 2025
Understand the critical factors in manufacturing aspheres and how Lacroix Optics ensures precise tolerancing in every optical component.

Explore Our Videos: Insights into Precision Optics

March 13, 2025
Get an inside look at Lacroix Optics with our collection of informative videos showcasing our capabilities, innovations, and processes.

Optical Assemblies: Reliable and Precise Solutions

March 13, 2025
Ensure your optical system works seamlessly with Lacroix Optics' custom optical assemblies. Discover the precision and reliability we bring to every project.

Voice your opinion!

To join the conversation, and become an exclusive member of Laser Focus World, create an account today!