The Lubrizol Foundation and Kent and Kelvin Smith Foundations Together Give $2 Million Grant to Case Western Reserve University's think[box]
(Thomson Reuters ONE) -
The Lubrizol Corporation
29400 Lakeland Boulevard, Wickliffe, Ohio 44092-2298
The Lubrizol Foundation and Kent and Kelvin Smith Foundations Together Give $2
Million Grant to Case Western Reserve University's think[box]
CLEVELAND, June 23, 2015 - The Lubrizol Foundation, The Kent H. Smith Charitable
Trust and The Kelvin and Eleanor Smith Foundation today announce the awarding of
a combined $2 million grant to Case Western Reserve University's think[box]
innovation lab. The Lubrizol Foundation contributed a leadership grant of $1
million and The Kent H. Smith Charitable Trust and the Kelvin and Eleanor Smith
Foundation each contributed $500,000. In recognition of the grant, Case Western
Reserve will name level four of think[box] The Lubrizol and Kent and Kelvin
Smith Foundations Floor. This floor is dedicated to bringing individuals and
teams together to assemble and fabricate ideas and concepts.
Case Western Reserve's think[box] is a comprehensive innovation space featuring
the top-end, professional grade fabrication and prototyping equipment, expertise
and flexible spaces necessary to turn a eureka moment into a start-up venture.
In 2014 renovations were started on the Richey-Mixon Building, a seven-story,
50,000-square-foot facility that is ideally suited to be the new home of the
think[box] innovation lab. Already a bustling hub of invention and
entrepreneurship in its current temporary space, think[box] attracts an average
of 3,000 visits each month. Once all of the renovations are completed,
think[box] will be one of the largest university-based innovation centers in the
world.
"We deeply appreciate these commitments from The Lubrizol Foundation, the Kent
H. Smith Charitable Trust and the Kelvin and Eleanor Smith Foundation," says
Barbara R. Snyder, president, Case Western Reserve University. "The newly named
floor magnificently upholds the corporation and family's respective legacies and
visions. It is only fitting that this support for think[box] will help future
students pursue their own dreams of innovation and entrepreneurship."
Open to students of any school or discipline at the university and to the
external community, think[box] facilitates and encourages collaboration and the
unfettered pursuit of turning ideas into inventions. Community members
throughout Northeast Ohio, including those from public schools and libraries,
not only benefit from the tools within think[box], but also benefit from the
intangibles of staff expertise, organic networking and spreading ideas through
the sharing of space with other innovators.
About The Lubrizol Foundation
The Lubrizol Foundation is an endowed 501(c)(3) entity and is the primary source
of The Lubrizol Corporation's philanthropy in the United States. Established in
1952, The Lubrizol Foundation makes grants in support of education, health care,
human services, civic, cultural, youth and environmental activities. The
Foundation creates and supports partnerships that improve communities in which
Lubrizol employees live and work.
About The Kelvin and Eleanor Smith Foundation
Established in 1955, The Kelvin and Eleanor Smith Foundation is a private family
foundation that makes grants to non-profit, charitable organizations in
Northeast Ohio. Its mission is to support non-profit organizations that adhere
to excellence in their missions, creativity in approach, fiscal responsibility
and leadership in their service to the community, which ultimately makes a
positive impact for the citizens of Northeast Ohio.
About The Kent H. Smith Charitable Trust
The Kent H. Smith Charitable Trust was founded in 1971 by Kent and Thelma Smith
under the name of the 1525 Foundation, an anonymous gift giving entity. Its
mission is to strengthen education, preserve the environment and help people and
organizations help themselves. The couple found great satisfaction in deflecting
recognition, preferring to direct attention toward the many organizations
benefiting from their gifts. Only after Kent Smith's death was the Trust renamed
to celebrate the difference he made for so many.
Media Contact
Karen Lerchbacher
440-347-1797
Website: www.lubrizol.com
###
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originality of the information contained therein.
Source: Lubrizol via GlobeNewswire
[HUG#1930786]
Unternehmensinformation / Kurzprofil:
Datum: 23.06.2015 - 17:51 Uhr
Sprache: Deutsch
News-ID 402527
Anzahl Zeichen: 5223
contact information:
Town:
Wickliffe, Ohio
Kategorie:
Business News
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