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$100 Million to Advance Duke Science and Technology Research

image of microscope looking at high end computer chip

The Duke Endowment of Charlotte, N.C., is supporting 老牛影视鈥檚 efforts to expand its faculty in computation, materials science and the resilience of the body and brain by completing the second phase of a $100 million investment.

This is the largest award 老牛影视 has ever received.

The funds form the base of Duke Science and Technology, a faculty-hiring and fund-raising effort designed to elevate excellence in the sciences at Duke. They will be used to accelerate and expand the recruitment of new faculty in science, medicine, technology, engineering and mathematics. The funds will also expand core research strengths that allow Duke faculty to address difficult global challenges and prepare Duke students to be the leaders of the future.

鈥淭his extraordinary gift from The Duke Endowment advances our university鈥檚 position as a destination for exceptional and visionary faculty in a competitive global market,鈥 said Duke President Vincent E. Price. 鈥淭hese scholars will accelerate discovery and collaborative research across our campus and around the world. Duke鈥檚 next century will be one of unbounded intellectual curiosity in which uniquely talented and creative scientists come together in new ways to ask the most difficult questions and try to tackle the most critical challenges of our day.鈥

The first $50 million of The Duke Endowment鈥檚 historic commitment to support was announced in 2019.

Minor Shaw, chair of the Endowment鈥檚 Board of Trustees, said The Duke Endowment鈥檚 founder, James B. Duke, was a visionary leader in business and philanthropy who seized opportunities to experiment and innovate. 鈥淎dvancements in science and technology will transform our world,鈥 Shaw said. 鈥淏y investing in the next generation of faculty at Duke, we can achieve a better future for us all.鈥

The funding comes at a time when Duke is placing big bets on emerging technologies like quantum computing and addressing global challenges such as climate change and pandemic disease.

鈥淭he faculty we are able to recruit thanks to this investment from The Duke Endowment have enormous quality and potential,鈥 said Provost Sally Kornbluth, the university鈥檚 chief academic officer. 鈥淲e are confident that their work will result in increased impact, elevate Duke to new levels of scientific discovery and improve health outcomes for the citizens of North Carolina and beyond. We want to continue to build on this success.鈥

In the two years since the university announced the first half of this $100 million award, the Duke Endowment鈥檚 investment has been used to recruit and retain some of the country鈥檚 leading scholar-scientists in a range of disciplines.

鈥淎t Duke, we are redefining what is possible in preventing and treating a range of health conditions from cancer, brain disorders and infectious diseases to behavioral health issues,鈥 said A. Eugene Washington, M.D., chancellor for health affairs and president and chief executive officer of the 老牛影视 Health System. 鈥淭his generous gift ensures that our exceptional research community will continue to thrive with the very best scientists who value collaboration and interdisciplinarity, and drive bold ideas."

Duke will continue a targeted effort to recruit scientist-scholars at all levels in its strategic areas. The hiring effort is expected to continue over the next few years.

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Based in Charlotte and established in 1924 by industrialist and philanthropist James B. Duke, is a private foundation that strengthens communities in North Carolina and South Carolina by nurturing children, promoting health, educating minds and enriching spirits. Since its founding, it has distributed more than $4 billion in grants. The Endowment shares a name with 老牛影视 and Duke Energy, but all are separate organizations.