Business leader and banker Gerald J. Ford has committed a $15 million lead gift for a campus research center that will help expand advanced computing and interdisciplinary research throughout the University.
The new state-of-the-art building will support research facilitated by SMU’s high-performance computing capabilities, among other projects. It also will be the home of the Dedman College Interdisciplinary Institute, established in May 2012 through a gift from the Dedman family and Foundation. The building will be located on SMU’s main campus at the corner of McFarlin Boulevard and Airline Road.
The Gerald J. Ford Research and Innovation Building joins other advancements SMU is implementing to support its accelerated research push. Among them is completion of a new University data center in a companion building under construction on SMU property south of Mockingbird Lane. Technology in the new building will enable SMU’s high-performance computing capacity to grow from 2,000 to more than 10,000 CPU’s.
“The new Gerald J. Ford Research and Innovation Building will help to transform the research and educational landscape of the University,” said SMU President R. Gerald Turner. “Students must be prepared for a world in which data analyses, modeling and visualization are critical decision-making tools, while faculty continue to push the boundaries of knowledge and innovation. Gerald Ford’s new gift continues his tradition of strong support for faculty research. We are extremely grateful to him for this major boost to SMU’s academic aspirations and impact.”
In 2003 Ford established the Gerald J. Ford Research Fellows program at SMU, which annually honors outstanding faculty members with funding to support their research and creative endeavors. To date 48 professors have been named Ford Research Fellows.
“I believe it is important that SMU alumni and friends support all areas of the University – academic programs, scholarships, athletics and campus development,” Ford said. “SMU is known for the breadth of the educational experience it provides, and this campaign is strengthening every critical component of the campus environment for our students.”
The surprise announcement of Ford’s new commitment was made Friday, Oct. 25 at a meeting of leaders and volunteers for SMU’s Second Century Campaign. The Volunteer Summit attracted more than 200 participants and coincided with the University’s Homecoming Week.
Ford’s new commitment brings to $800 million the total raised to date by SMU’s Second Century Campaign. The University announced in September that it was raising its original monetary goal from $750 million to $1 billion, based on the campaign’s rapid progress ahead of schedule. Seeking resources for scholarships, faculty positions, academic programs, facilities and the campus experience, the campaign was publicly launched in 2008.
Based on continuing campaign momentum and expansion of the goal to $1 billion, SMU has adopted ambitious new goals to:
- Increase the number of endowed scholarships to 500 by the end of the campaign, December 31, 2015.
- Increase the number of endowed faculty positions to 110, up from the original goal of 100. To date 96 such positions have been established, 34 through The Second Century Campaign.
- Complete funding for 10 major capital projects, beyond the five already completed since the start of the campaign, for a total of 15.