The Library was recently awarded a $750,000 CDN "Challenge Grant" from the Michigan-based Kresge Foundation toward the second phase of UW’s Next Generation Library renovation. The grant is made on a challenge basis to assist the university in raising the balance required to complete the renovation projects.
The grant challenges the University of Waterloo and the K-W community to help the Library complete the second phase of its renovation project to provide UW students and faculty access to libraries equipped with the most innovative resources, services, and technology.
"In many ways the Library is the heart of the university," said University Librarian Mark Haslett. "The challenge grant from The Kresge Foundation is beneficial for us in providing our community with state-of-the-art library facilities."
The just-completed first phase of the library project has helped transform spaces including the RBC Information Commons in the Davis Centre Library and a reading room housing current periodicals in the Dana Porter Library. With the additional funds raised, the next phase of renovations will provide the UW community with access to updated facilities, such as an E-Learning Lab at the Davis Centre Library and an Information Commons on the main floor of the Dana Porter Library.
Located in Troy, Michigan, The Kresge Foundation is an independent, private foundation created in 1924 by the personal gifts of Sebastian S. Kresge and is currently led by CEO and President John E. Marshall III. Since its establishment, the Foundation has awarded a total of 8,222 grants amounting to $1.92 billion. It is not affiliated with any other corporation or organization.
Kresge Foundation grants support a variety of non-profit institutions in higher education, health and long-term care, arts and humanities, human services, science and the environment, and public affairs. They aid in the construction or renovation of facilities and are made to recipients having raised initial funds toward the respective projects prior to requesting assistance. Recipients then are challenged to raise the remaining funds, thereby ensuring the completion of their proposed projects.
For more information about the Kresge Challenge, please contact:
Manager, Library Communications and Development