Erasmus Trustfonds and Erasmus University want to establish new endowment fund
Erasmus Trustfonds and the Erasmus University Rotterdam have combined forces to create the largest university endowment fund in the Netherlands. It is our joint aim to create a significant and independent source of income for research and education at the Erasmus University Rotterdam. They announced our collaboration (which is laid down in an agreement on July 1, 2015), at the opening of the Academic Year 2015-2016.
The initiative stems from the new vision of the Erasmus Trustfonds to jointly build the "university of the future". To develop EUR into a top university with leading scientists, renowned for the (social) relevance of its research and education that matters. A university that attracts the best students, produces future leaders and through distinguished approaches to research and application contributes to the major societal challenges and developments in the coming decades.
Big leap forward
The initiative fits in with the development of the Erasmus Trustfonds. Over 100 years ago Rotterdam entrepreneurs contributed the funds needed for higher education in the city, which became the Erasmus University. The Trustfonds aims to foster the growth and development of the university. The fund boasts an excellent reputation as an independent and trustworthy organisation that funds a variety of initiatives. It is sometimes referred to as "one of Rotterdam's best kept secrets'. Now, more than 100 years after the start, the Erasmus Trustfonds is renewing the entrepreneurial spirit of its founders and the city of Rotterdam with this major leap forward to create new and significant resources for the university.
Michiel Muller, president of the Erasmus Trustfonds: "We can be proud of what we have achieved together over the past century for the city and the university. But of course we must also look to the future. In the spirit of our founders, we are therefore launching a new fund that will contribute to the great challenges of our city and society. With this we hope to make a significant contribution and leave something permanent behind for future generations."