Campaign for Webb at $28 Mln and Counting

Posted by Eric Haun
Thursday, February 04, 2016
Photo: Webb Institute

Webb Institute’s Campaign Cabinet, led by President Keith Michel ’73 and Campaign Chair Joseph Cuneo ’57 announced that $28 million (70 percent) of the $40 million goal has been raised to date in the Campaign for Webb.

 
The Campaign for Webb: America’s Most Unique College is the most ambitious fundraising effort in the institution’s history. Through this effort, Webb plans to raise $40 million to enhance the college’s programs, infrastructure, and financial resources to meet the growing challenges of an expanding marine industry. 
 
“William H. Webb set the standard for philanthropy in his time; he was one of the leaders in providing for the engineering education of young people. The investments made through the Campaign for Webb are investments in outstanding young people of today and tomorrow,” said Joseph Cuneo. “Our success to date is testimony to the fact that Webb Institute instills the commitment to give back to benefit future generations.”
 
The early phase of the Campaign, also known as the silent phase, set the tone with five Cornerstone investments, representing contributions of $2.5 million or greater. Since the public phase launch, alumni, parents, and friends have provided an equally impressive and generous response, raising over $5 million to date with 3.5 years left in the Campaign period. 
 
“My participation in the Campaign is motivated by my desire to honor my father, Richard B. Couch ’33, my interest in the marine industry, and my admiration for Webb and what it has been able to accomplish over the past 127 years. To continue our success, we will need the support of the entire Webb family,” said John Couch, honorary alumnus and Campaign Cabinet member.
 
Of the $40 million Campaign goal, $28 million will be raised to strengthen the endowment and ensure intergenerational sustainability of the full-tuition scholarship model, while $12 million will be earmarked for facilities updates and expansion.
 
During the public phase of the Campaign, the Webb Alumni Association and Webb–through its network of Regional Coordinators and with the assistance of alumni and friends–are hosting 18 events throughout the United States and in Rotterdam, the Netherlands. A comprehensive “State of Webb” will be featured in each event.
  • Photo: Webb Institute

    Photo: Webb Institute

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Tideland Signal Acquires Julius Signal

Tideland Signal Corporation, now part of Xylem, has entered into a definitive agreement to acquire certain assets of Julius Signal, extending the company’s portfolio

North P&I Club Repots Positive Financial Performance

North P&I Club reports that an exceptionally low year for claims has helped it increase its free reserves by $90 million to $428 million and deliver a combined ratio of 73.

Seaspan Responds to Canada’s NSS Announcement

In response to the Government of Canada’s announcement of a series of enhancements to strengthen the National Shipbuilding Strategy, Seaspan Shipyards’ president

Education/Training

Returning to the Scene of the Shipwrecks

A participant in a diving field school last fall, graduate student Tori Kiefer is back to help a new set of students learn the joy of surveying shipwrecks.   Last fall,

Crowley Awards Scholarships to Four Mass. Maritime Students

Four students from Massachusetts Maritime Academy (MMA) have been awarded Crowley Maritime Corp.’s Thomas B. Crowley Sr. Memorial Scholarships.   Chosen based on their academic achievement,

Automated Skill Erosion

The increasing automation of vessels is causing some mariners to lose basic maritime skills.   Cruise ship Royal Majesty Grounding During dinner on June 10, 1995,

Naval Architecture

Tech & Design Solutions for Modern Workboats

EPA Tier 4 regulations (for engines of 804 hp and higher) and propulsion advancements have many manufacturers and vessel designers changing course to adapt to new requirements and customer demands.

Østensjø Rederi Orders Another Wind Farm Vessel

Rolls-Royce has signed a contract with shipyard Astilleros Gondan in Spain to design and equip a second Service Operation Vessel for ship owner Østensjø Rederi.

Royal Caribbean Orders 3 Ships from STX

Following the delivery of Harmony of the Seas on May 12 in Saint-Nazaire, the American group Royal Caribbean Cruises Ltd. signed an order for three additional vessels,

News

Bay Shipbuilding Delivers ATB to Moran

Fincantieri Marine Group’s Fincantieri Bay Shipbuilding (FBS) has delivered the Articulated Tug Barge unit (ATB) Barbara Carol Ann Moran and the 110,000-barrel

Conrad Shipyard Christens Woods Hole Ferry

M/V Woods Hole, a 235-foot long passenger ferry built for the Steamship Authority of Woods Hole, Mass., was christened on May 20 at Conrad Aluminum in Amelia, La.

Ferry Crew-member Missing off Pembroke Coast

HM Coastguard is coordinating the search for a missing crew-member from a ferry, who it is believed may have gone overboard off the Pembroke coast.   The Coastguard

 
 
Maritime Contracts Maritime Standards Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.4691 sec (2 req/sec)