Berkeley Center for New Media Gets Chair Endowed by Craigslist
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The University of California, Berkeley, today (Thursday, Jan. 17) announced plans to establish the first endowed faculty chair at the Berkeley Center for New Media with a donation of $1.6 million from craigslist, one of the most popular Web sites in the world.The donation, which will support research, symposia and lectures, will be matched with $1.5 million from the William and Flora Hewlett Foundation for a total of $3.1 million. The matching funds come from the foundation’s landmark challenge grant, announced last September, that it gave to UC Berkeley to create 100 new endowed chairs. The new chairs are designed to help the public research university compete with private institutions.
