Universities abroad receive donations in different forms for the purpose of displaying one’s gratitude towards the help and support they, more specifically the graduates, have received from the university. One such university is the University of Strathclyde in the UK, where one student has felt the need to support the current and future students of the university.
As per a recent notification, the Scottish University has received a gift of £50m from a former doctorate student, Dr Charles Huang. Dr Huang, through his philanthropic foundation, has been able to gift the largest the university has ever received.
The University of Strathclyde said the donation from Charles Huang through his philanthropic foundation was the largest it had ever received.
In 1989, Dr Charles Huang had graduated with his MBA from the University of Strathclyde and received his doctorate in Marketing in 1994. During his studies, Dr Huang’s doctorate programme was supervised by Professor Stephen Young, who was the then head of the Department of Marketing at the University of Strathclyde.
To commemorate the contributions of his supervisor and mentor, Dr Huang gifted the university £50m, which will further help them build a new building that will be the home of a new institute.
Starting his MBA journey at Strathclyde under a scholarship for international students offered by the British Council, the gift symbolises his gratitude towards the university, which played a crucial role in his successes and his willingness to support those who are yet to start their studies at the university.
The BBC reported that Dr HUang’s donation will help the university grow its 'collaborative work' with other industries, businesses and even the public sector, allowing the next generation of students to grow while also supporting the pandemic recovery of the country.
The report further highlighted that the gift will be split into two, where £30m will be allocated for the development of a Technology and Innovation building named after Dr Huang, while the rest £20m will be used for the development of the Stephen Young Global Leaders Scholarship Programme, the Stephen Young Entrepreneurship Awards and the Stephen Young Institute for International Business.
Highlighting his gratitude towards Dr Huang’s contribution to the university, the Principal and Vice-Chancellor of the University of Strathclyde commented that the university faculty’s inspirational teaching can leave a lasting impression which can be proven by Dr Huang’s contribution.