News

Campus News in Brief

Carnegie Mellon to receive grant from Goldman Sachs

Goldman Sachs Gives made a $2 million grant to Carnegie Mellon, announced last Friday, to assist students whose families have been exceptionally affected by America’s recent economic recession.

Goldman Sachs Gives is a donor-advised fund created by the financial investment bank Goldman Sachs. The program is led by managing directors of the firm who recommend grants to qualified charitable organizations and aim to combine the collective philanthropic efforts of the employees.

Established in 2007, the main purpose of Goldman Sachs Gives has been to increase the firm’s support of charitable organizations around the world.
In a university press release, President Jared L. Cohon said, “Today’s economic climate has caused an increased need for financial support among many of our students. In fact, over the next three years we are expecting that need to increase, both for those already enrolled and those planning to attend our university.”

The $2 million gift will be used to create scholarships based on financial need and academic performance beginning this semester. The grant will fund both endowed and expendable scholarships for students.

The contribution was made at the recommendation of Paul M. Russo (S ’86), managing director at Goldman Sachs.

School of Music recognizes alumnus, pianist Earl Wild

Carnegie Mellon’s School of Music honored the life and accomplishments of alumnus Earl Wild (1915–2010) in a “Celebration of Life” event held last Saturday in the College of Fine Arts’ Kresge Theatre. The event featured performances by artist lecturer Enrique Graf; alumni Mark Carver and Ciro Fodore; and guest pianists David Korevaar, Slade Trammell, and Anne Taffel. The program showcased famous pieces beloved by Wild in addition to his original compositions.

Wild was a legendary concert pianist, composer, and educator. By the time he enrolled at Carnegie Mellon, known as Carnegie Tech at that time, he was already an accomplished concert pianist. He was the first pianist to give a recital via live broadcast on American television, as well as the first to give a performance streamed live over the Internet.

In addition to his famous performances, Wild has taught at prestigious universities and conservatories, including Carnegie Mellon. In 1986, he was awarded the Liszt Medal by the Hungarian government in recognition of his long association with the music of composer Franz Liszt.

At his last concert performance in 2008, Wild was awarded the President’s Merit Award by the National Academy of Recording Arts and Sciences.