Rich and Mary Templeton, longtime supporters of SMU, have committed $5 million for research at SMU’s Lyle School of Engineering. Their generous gift provides a major boost to the University’s externally sponsored research, which is critical to the University’s global academic prestige.
This gift, which includes $4 million for an endowment and $1 million for operations, creates the Templeton Endowed Research Excellence Fund. The fund is flexible, allowing for support of the most pressing and important research needs in the Lyle School at any given time. It covers a range of project essentials, including postdoctoral researchers, doctoral and graduate student stipends, equipment and supplies.
Working in collaboration with SMU’s Office of Research and Graduate Studies, the Lyle School will select projects that benefit the University’s research portfolio, along with faculty who have strong track records for significant external research funding and success in recruiting elite graduate students. Metrics of success will be defined by the school and the research teams.
“This investment in research is critical to strengthening SMU’s academic quality and attracting top graduate students who will seek solutions to some of the world’s most stubborn problems,” said SMU President R. Gerald Turner. “Rich and Mary have a long history of supporting successful initiatives to advance technological innovation. They understand what is required to be a premier research university, and their generous gift will play an important role in moving our University closer to the global reputation we desire.”
“Research is essential to SMU’s ability to make an impact through technology. We’re delighted to help make that happen,” said Mr. Templeton, who is chairman, president and CEO of Texas Instruments and also serves on SMU’s Board of Trustees.
“Our family has deep connections to SMU,” said Mrs. Templeton, renowned community philanthropist and volunteer. “The University’s goals and strategies to bolster research are aligned with our vision for higher education and technology.”