Foundation to expand aid to Harvard’s Brazil programme

The Lemann Foundation, a non-profit organisation established by Brazilian billionaire Jorge Paulo Lemann, said it plans to expand its financial aid to Brazilian students and visiting faculty at Harvard University in the United States, writes Keren Blankfeld for Forbes.

The Foundation also plans to launch a Brazil Research Fund that, according to The Harvard Gazette, will focus on cross-disciplinary scholarship related to Brazil. Lemann (76) graduated from Harvard University with a bachelor degree in 1961 and went on to become one of the world’s most successful businessmen. He is Brazil’s richest man, with a net worth of US$31.3 billion, according to Forbes’ real time ranking. His gift – of an unspecified amount – comes as the Lemann Foundation celebrates a decade-long partnership with the university.

In 2006 Lemann made an endowment to Harvard’s Brazil Studies Program, whose mission is “to enhance collaborative research among Harvard faculty and their Brazilian counterparts”. The foundation also created the Lemann Fellowship, which is geared toward Brazilian professionals in education, government or public health, providing them an opportunity for advanced study at Harvard before they return to Brazil’s public sector.
Full report on the Forbes site