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Micron Foundation Establishes $200K Endowment at Singapore University

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The Micron Foundation is proud to announce the establishment of a $206,000 SGD endowment to support and groom engineering students from Singapore’s Nanyang Technological University (NTU). With matching funds from the Singapore government, the core endowment will total $500,000. The endowment will be used to annually fund third- or fourth-year students majoring in science or engineering, beginning with one student award in 2016 and two awards in 2017 and beyond.

The endowment caps a decade of successful collaborations on grants and awards with NTU. “With this endowment, Micron builds on our relationship with Nanyang Technological University as we collectively strive to help develop the next generation of engineers,” said Dee Mooney, Executive Director of the Micron Foundation. “Engineering is at the heart of everything we do at Micron, and it drives Singapore’s vibrant high technology sector.”

Professor Chen Tsuhan, Dean of NTU’s College of Engineering, added, “Our collaboration with one of the world’s leading semiconductor companies clearly indicates NTU’s strong links with industry, not only in creating partnerships for research and innovation, but also in providing the best for our students.”

The NTU endowment is one of the Foundation’s several philanthropic activities this year that support youth in the region and honor the 50th anniversary celebration of Singapore’s independence. Other activities include:

  • A $20,000 SGD grant and nearly 70 team members volunteering in July to support Youth Celebrate — a sports and arts event with more than 50,000 students, parents and educators
  • Naming TOUCH Community Services the Micron Foundation’s 2015 Charity of Choice and providing a $27,000 SGD grant, which will be matched by the Singapore government, to support the elderly and children of low-income and single-parent families in need
  • Providing a $75,000 SGD grant to Special Olympics Singapore, which will be matched by the Singapore National Council of Social Service (NCSS)

The NTU endowment and the support of Singapore’s anniversary celebration demonstrates the Micron Foundation’s commitment to engineering the future for STEM education and enriching the communities where Micron team members live and work. We encourage team members to positively impact all of our Micron communities by volunteering time, energy and resources to similar causes.