New IT library endowment to fund purchase of more books
A generous gift from Harold Conrad (ME '41) and his wife, Phyllis,
ensures that the bookshelves in Walter Library will be a little
more crowded. Their contribution is the first to a new $200,000
IT library endowment that will eventually fund the purchase of 100
new books each year.
Although library funding has remained constant over the past several
years, most science and engineering journals have raised their subscription
rates dramatically, forcing University Libraries to drastically
reduce the number of titles it purchases.
The library endowment is designed to reverse that trend, says IT
dean H. Ted Davis. The income it generates will supplement existing
funding for the science and engineering collection, allowing the
library to purchase additional titles for IT departments.
"This endowment will go a long way toward ensuring that our faculty
and students have the library resources they need," says Davis.
"Thanks to the Conrads, we're off to an auspicious start."