This 2024 - Let's Win the Battle of Headlines
update desk

University of Haifa receives $10 million gift to construct a downtown campus

The founder of Business Wire Lorry Lokey said he was inspired by the university’s “multiversity” model, which consists of the placing campuses in locations around Haifa and northern Israel, making it easier for students to access the school.

Haifa Port, 2018. Credit: Zvi Roger/Haifa Municipality.
Haifa Port, 2018. Credit: Zvi Roger/Haifa Municipality.

The University of Haifa has announced that it has received a $10 million donation for American businessman and philanthropist Lorry Lokey for the construction of a new campus located in the city’s downtown and port area.

Lokey, 91, the founder of Business Wire, said he was inspired by the university’s “multiversity” model, which consists of placing campuses in locations around Haifa and northern Israel, making it easier for students to access the school.

“University of Haifa is pioneering an important new paradigm for institutions of higher learning through its multiversity, and is infusing new energy into the city, region and entire country,” said Lokey. “While my relationship to the university is relatively new, this gift is an affirmation of its mission to improve access to education and bring more jobs, stability and security to northern Israel by establishing a downtown campus. I invite others to join me in transforming what is becoming one of Israel’s most important universities.”

While the Haifa Municipality is assisting the school with the acquisition of some of the new campus’s buildings, Lokey’s philanthropy will significantly offset the project’s renovation costs.

“Less than two years ago, the university described an aggressive growth plan that included additional faculties and buildings throughout Haifa and the north; a downtown campus is a key component of that plan,” said Ron Robin, president of the University of Haifa.

“This latest contribution is indicative of the university’s recent success, and I am excited to share the details with the entire community at our upcoming Board of Governors meeting,” he continued. “Through Mr. Lokey’s generosity, we will exponentially increase the university’s regional and national impact.”

You have read 3 articles this month.
Register to receive full access to JNS.

Just before you scroll on...

Israel is at war.

JNS is combating the stream of misinformation on Israel with real, honest and factual reporting. In order to deliver this in-depth, unbiased coverage of Israel and the Jewish world, we rely on readers like you.

The support you provide allows our journalists to deliver the truth, free from bias and hidden agendas. Can we count on your support?

Every contribution, big or small, helps JNS.org remain a trusted source of news you can rely on.

Become a part of our mission by donating today
Comments
Thank you. You are a loyal JNS Reader.
You have read more than 10 articles this month.
Please register for full access to continue reading and post comments.
Never miss a thing
Get the best stories faster with JNS breaking news updates