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RUG receives 35 million Euros from former student

December 14, 2020
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The anonymous donor wants at least 30 million invested into the development of super-computers

The University of Groningen has received a donation of 35 million from an anonymous former student. The University of Groningen will probably receive even more money from the student in the future, which can be used for fundamental research. Unfortunately, as with most ultra-wealthy benefactors, the huge gift comes with strings attached, and 30 million euros is to be spent on super-computing.

The RUG received an initial amount of 35 million euros at the end of October. This can add up because it concerns shares from the student’s assets. It is not even known what the return on this will be. The donor has asked to remain anonymous. He does want the money to be spent on fundamental scientific research, reports the GIC.

Chairman of the Board Prof. Jouke de Vries is happy and grateful for this enormous donation to the Ubbo Emmius Fund. “It has never happened before in our history that an alumnus has left such an enormous amount in favor of scientific research. It offers us the opportunity to invest substantially in fundamental and applied research. We can also give young, ambitious academics the opportunity to further shape their scientific careers.”

The donor wants at least 30 million euros to be invested in the Groningen Cognitive Systems and Materials Center (CogniGron) of the University of Groningen. Research is being conducted into the development of materials for the new generation of supercomputers. In the future, much more data can be processed with those computers.

Image via WikiUser Bert Kaufman. License here.

Tags: giftGroningenmoneyRUG

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