US Philanthropist Donates $10M To University Of Haifa For New Campus

May 30, 2018 | American philanthropist Lorry I. Lokey, the founder of media services provider Business Wire, has donated $10 million to the University of Haifa for the construction of a new campus. According to a statement on Wednesday, Lokey was “inspired by [the] University of Haifa’s unique ‘multiversity’ model: a multi-campus institution with locations around Haifa and throughout northern Israel, easing access for students and adding vitality to its city and region, while allowing a wide range of ideas and activities to flourish in a diverse community.” The new campus will consist of at least four buildings located throughout the Port of Haifa and the city’s downtown area. Lokey said the university was “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. 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.” He called on other philanthropists to join him in “transforming what is becoming one of Israel’s most important universities.”