Fundación Ceiba donates $ 1.3 M to the University of Puerto Rico, Mayaguez Campus (RUM) targeting student scholarships in the area of Computer Engineering & Entrepreneurship
By Mariam Ludim Rosa Vélez (mariam.ludim@upr.edu)
RUM Press
Friday, March 3, 2023
The Fundación CEIBA, a non-profit entity founded by Dr. Fernando Colón Osorio, a graduate of the Mayagüez Campus (RUM) of the University of Puerto Rico (UPR), signed a philanthropy agreement in which he will donate $1.3 million to the institution to grant scholarships to students of the College of Engineering.
The project called “Give Back, Creating a Community of Scholars & Entrepreneurs”, will last for 10 years. The purpose of the initiative is to support students with financial need and stimulate innovation and economic growth in Puerto Rico.
“Although my origins are extremely modest, the education that the RUM provided me in the sixties allowed me to reach positions of high influence professionally and financially worldwide, in the field of computers. Who would have imagined that a boy from the neighborhood would become vice president of the second largest computer company in the world, and would work hand in hand with the likes of that world, such as Ken Olsen, Robert Everett, Bob Galvin, Gordon Bell , Butler Lampson, Dave Cutler, and others? As such, it is my responsibility, as well of all other former students with financial capacities, to reciprocate by giving back to the College. This contribution hopes to grant students with similar backgrounds and upbringing as myself, in terms of scarce economic resources, the opportunity to transform their lives, and, therefore, transform Puerto Rico," said Colón Osorio, a graduate of the class of 1970 from the Department of Electrical and Computer Engineering (ECE). Read More…
RUM Press
Friday, March 3, 2023
The Fundación CEIBA, a non-profit entity founded by Dr. Fernando Colón Osorio, a graduate of the Mayagüez Campus (RUM) of the University of Puerto Rico (UPR), signed a philanthropy agreement in which he will donate $1.3 million to the institution to grant scholarships to students of the College of Engineering.
The project called “Give Back, Creating a Community of Scholars & Entrepreneurs”, will last for 10 years. The purpose of the initiative is to support students with financial need and stimulate innovation and economic growth in Puerto Rico.
“Although my origins are extremely modest, the education that the RUM provided me in the sixties allowed me to reach positions of high influence professionally and financially worldwide, in the field of computers. Who would have imagined that a boy from the neighborhood would become vice president of the second largest computer company in the world, and would work hand in hand with the likes of that world, such as Ken Olsen, Robert Everett, Bob Galvin, Gordon Bell , Butler Lampson, Dave Cutler, and others? As such, it is my responsibility, as well of all other former students with financial capacities, to reciprocate by giving back to the College. This contribution hopes to grant students with similar backgrounds and upbringing as myself, in terms of scarce economic resources, the opportunity to transform their lives, and, therefore, transform Puerto Rico," said Colón Osorio, a graduate of the class of 1970 from the Department of Electrical and Computer Engineering (ECE). Read More…
