OSU receives $77 million for science initiative
The Campaign for OSU has received $77 million in private and public commitments to construct a new state-of-the-art science center and provide support for associated research and education programs.
Named for Linus Pauling, a 1922 OSU graduate and the only person to win two unshared Nobel Prizes, the science center will house the Linus Pauling Institute and chemists from the College of Science. The facility will also contain classroom and laboratory space for undergraduates, graduate students, and researchers studying chemistry, biology, and life sciences.
“This investment will have a transformational impact on the sciences at Oregon State University,” said President Ed Ray. “It will advance health care research, spur the development of new discoveries and programs that will bolster our economy, and help educate the next generation of scientists, who will define the future of health care."
Funding for the $62.5 million building includes a $20 million commitment from the Wayne and Gladys Valley Foundation of Oakland, Calif., which was matched by gifts from other donors. These private commitments helped the university secure another $31.25 million in state bonds.
The Valley Foundation has also challenged OSU to raise at least $15 million in additional support for science research and education programs, including faculty positions and scholarships. To date more than $14 million has been committed from nearly 750 donors.
Approximately 120,000 square feet, the Linus Pauling Science Center will occupy the corner of Campus Way and 30th Street, next to existing science facilities.
“This extraordinary new center and additional financial support will enable our faculty and students to make groundbreaking advancements in disease prevention and healthy aging research," said Balz Frei, director of the Linus Pauling Institute. "It is a tremendous tribute to the legacy of Linus Pauling."
