RIM co-founder gives C$21-million to alma mater

BlackBerry-maker Research in Motion co-founder Mike Lazaridis is donating another C$21-million (US$21 million) to his alma mater, the University of Waterloo, showing no signs of tightening his philanthropic purse strings after a year in which he saw his personal fortune dwindle, writes James Bradshaw for The Globe and Mail.

The gift from Lazaridis and wife Ophelia will be split three ways to support a pair of new research chairs, construction of a new science learning centre, and full scholarships for elite young math students.

Lazaridis has now given the university, where he also served as chancellor, C$123 million in total, and is continuing a trend of investing in basic science and mathematics research that aims to test the frontiers of knowledge. “Really, the plan was to go after areas that the faculty wanted to become strong in,” Lazaridis said.
Full report on The Globe and Mail site