Board committees vote to rename building and expand endowment fund

Two committees of Pitt’s board — the advancement committee and the budget committee — voted on new actions last week.

The Institutional Advancement Committee voted last Thursday to approve a building name change on the Bradford branch campus. The building, formerly known as the Engineering and Information Technology Building, will be renamed the George B. Duke Engineering and Information Technology Building. The committee voted unanimously to approve the resolution.

Duke, a generous supporter of the Bradford campus, has served on the Pitt-Bradford Advisory Board since 2000. According to Kris Davitt, Senior Vice Chancellor for Philanthropic and Alumni Engagement, Duke has made “meaningful” financial contributions during this period, in particular towards the new engineering and technology building. Davitt said the building will provide “special education spaces for our students.”

The budget committee voted last Wednesday to change the board-designated restrictions on the Helen Clay Frick quasi-endowment fund. Davitt asked the committee to consider expanding the board-designated restriction on the fund.

Davitt said the fund was originally donated in 1937 by Helen Clay Frick without any restrictions, but then-Chancellor Rufus Fitzgerald in 1953 directed the donation to the Department of Fine Arts. Then, in 1972, the investment committee approved the fund’s transformation into a quasi-endowment, with proceeds to be used for the development of the Fine Arts Library’s collection, according to Davitt.

She said the University did not need funds for collection development and asked that the restriction be extended to general use for the fine arts library.

The committee voted unanimously to approve the resolution.

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