WALTHAM, Mass. (Dec. 16)
The Ford Foundation today announced a $6,000,000 grant to Brandeis University to support its over-all academic development. The Foundation called for the funds to be matched on a three-to-one basis during the next three years. Brandeis accordingly, must raise $18,000,000 by 1966 to earn the grant.
The grant was made under the Foundation’s Special Program in Education, created in 1960 to advance the development of selected private universities and colleges as centers of higher educational excellence. Brandeis, cited by the Foundation for its “distinguished academic record,” will receive an immediate payment of $2,000,000 which it plans to use to recruit new faculty, to make library acquisitions and to expand fellowship, research and academic programs. Under a ten-year program newly drawn up by Brandeis, the Foundation grant with its matching funds would be used solely for academic purposes.
Brandeis president Abram L. Sachar described the grant as “a turning point in the history of Brandeis University. It does for economic stability what Phi Beta Kappa accreditation did for academic stature,” he said, alluding to the national liberal arts honor society which last year authorized Brandeis to form a chapter.