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CONTACT: VIANA ROCKEL
Director, Corporate and Foundation Relations
UI Foundation News
500 Levitt Center for University Advancement
Iowa City IA 52242
Phone: (319) 335-3305 or (800) 648-6973

Release: March 5, 2002

Caterpillar Foundation gives UI College of Engineering $150,000

A $150,000 gift from the Caterpillar Foundation of Peoria, Ill., to the University of Iowa College of Engineering will support student scholarships, a mentoring program for UI women in science and engineering, a guest seminar series, facilities and acquisition of multimedia instructional equipment. The gift was made through the UI Foundation.

"We are very grateful for this vote of confidence and investment in excellence from the Caterpillar Foundation," said P. Barry Butler, dean of the College of Engineering. "The special combination of components in this gift will benefit our students' education, and our faculty's development, in a variety of important ways. This award also further cements a mutually beneficial relationship between our college and Caterpillar."

Caterpillar's gift to UI engineering will provide:

-- $27,000 over three years for Caterpillar Engineering Scholarships, to be awarded to some of the college's most outstanding students;

-- $10,500 for a peer mentoring initiative in the UI's Women in Science and Engineering program;

-- $25,500 over three years for the Caterpillar Engineering Colloquium series, which will bring together prominent engineering professionals and UI faculty and students to explore the latest engineering trends and issues through guest seminars;

-- $72,000 for facilities support and modernization. In recognition of this support, a classroom in the Seamans Center for the Engineering Arts and Sciences will be named in honor of the Caterpillar Foundation;

-- $15,000 for acquisition of multimedia instructional equipment.

This gift is part of the UI College of Engineering's recent $11 million campaign to support a major renovation and addition to the Seamans Center for the Engineering Arts and Sciences.

"Caterpillar has had a long and distinguished relationship with the University of Iowa and is pleased and proud to be part of the University's campaign to help provide the necessary laboratory and classrooms needed to train the engineers of the future," said Maryann Morrison, manager of corporate support programs at the Caterpillar Foundation.

The Caterpillar Foundation has been in partnership with the UI Foundation for more than 30 years and has been generous with many programs and projects of the UI. The company established an Engineering Excellence fund at the UI in 1992. Since its formation in December 1952, Caterpillar Foundation has distributed more than $100 million to various organizations in the fields of education, health and human services, civic and community activities, and culture and the arts.

The UI College of Engineering teaches disciplines and conducts research in biomedical, chemical and biochemical, civil and environmental, electrical and computer, industrial and mechanical engineering. For more information on the college, visit its web site at http://www.engineering.uiowa.edu.

The UI Foundation is the preferred channel for private contributions to all areas of the university. For more information about the UI Foundation, visit its web site at http://www.uiowafoundation.org.