Campus: San Jose State University -- March 12, 2003
Koret Foundation Gives $2 Million To New Dr. Martin
Luther King, Jr. Library
The largest single gift to the new university/city library
San José State University has received a $2 million grant from
the Koret Foundation -- the largest single private gift to the new Dr.
Martin Luther King, Jr. Library. The grant is the Koret Foundation's
second major gift to SJSU, which makes it one of the largest benefactors
of the university in recent history. The new university/city library,
located on the southeast corner of Fourth and San Fernando streets,
is scheduled to open on August 1.
A first-of-its-kind collaboration between a city and a university, the
475,000 square-foot library will provide a center for life-long learning
for the community. The facility will integrate the collections, services
and staffs of the university's library and San José's main library,
thus creating a single expansive resource center for students, faculty
and community members.
SJSU President Robert L. Caret said, "The Koret Foundation has
been a significant supporter of SJSU, first in helping to establish
the Koret Athletic Training Center on campus, and now, the new Dr. Martin
Luther King, Jr. Library. We value this commitment, which is a testimonial
to the Koret Foundation's mission to help build vibrant communities
and encourage creative thinking."
Patricia Breivik, dean of the university library, said, "We are
most appreciative of the Koret Foundation's support. The gift demonstrates
the significance of our collaboration with the City of San José.
The King Library will provide a center for life-long learning opportunities
where our students and faculty as well as the community can connect
with both technology and human expertise to help them succeed in today's
"The Koret Foundation is pleased to support this first-ever collaboration
between a major U.S. city and a university to create a learning center
that will be shared by students and the larger community," said
Tad Taube, president and director of the Koret Foundation. "This
valuable community resource will serve more than a million people in
the Silicon Valley, and it will further one of the key goals of the
Koret Foundation: to advance educational opportunities for the people
of the Bay Area."
The San Francisco-based Koret Foundation supports organizations and
initiatives in the San Francisco Bay Area and Israel that advance economic
and educational opportunities, individual freedom, personal initiative
and entrepreneurial values. Since 1979, the Foundation has made grants
of $200 million, focusing on education, community development, and Jewish
life and culture.
Contact: Nancy L. Stake, Ron Bottini at 408-924-1166