Wake Forest Magazine December 2002 - Past Issues - Wake Forest ...

Law, the law faculty ranked
third in the production of
books and 11th in the production
of both books and articles
on a per capita basis.
Research support
increases
Outside support for research
and related activities at Wake
Forest University School of
Medicine increased nearly 10
percent to a record $145.6
million in the year ending
June 30. Nearly 80 percent of
the total came from the federal
government–primarily through
the National Institutes of
Health (NIH)–with the rest
coming from industry, foundations
and health agencies. The
medical school ranked 35th in
NIH support last year.
Truman Foundation
honors University
Wake Forest was one of only
four institutions to be recognized
this year by the Harry
S. Truman Scholarship
Foundation. The University
received the Truman
Scholarship Honor Institution
Award for “active encouragement
of outstanding young
people to pursue careers in
public service” and “sustained
success in helping students
win Truman Scholarships.”
Eleven Wake Forest students
have been named
Truman Scholars since 1977,
including senior Lindsay
Littlefield. Four alumni who
C a m p u s C h r o n i c l e
were Truman Scholars–Megan
Reif (’96), Lori Fuller (’95),
Patrick Auld (’92) and
Michael Riley (’81)–attended
the award presentation on
campus in October.
Established by Congress in
1975, the Truman Foundation
provides merit-based scholarships
to college juniors who
wish to attend graduate school
in preparation for careers in
public service.
Moving up
Wake Forest advanced one
place in this year’s rankings
of “America’s Best Colleges,”
published annually by U.S.
News and World Report.
Wake Forest tied for
25th with UCLA and the
University of Michigan. The
Calloway School of Business
and Accountancy also
ranked 25th.
Wake Forest was recognized
for its small classes, low
student/faculty ratio and freshman
retention rate. The
University also fared well in
the alumni giving and financial
resources categories.
U.S. News also placed Wake
Forest 31st on its list of
“Great Schools at Great
Prices.” The list evaluates
which colleges and universities
offer the best value based on a
formula that relates a school’s
academic quality with the net
cost of attendance for a student
who receives the average
level of financial aid.
Chambers family gift
promotes entrepreneurship
Described as “Mr. Internet”
and recognized the world over
as a leader in electronic technology,
John Chambers, along
with his wife, Elaine, and their
family, recently gave Wake
Forest $1 million to aid student
entrepreneurial endeavors
in electronic commerce and the
Internet. The Chambers
Family Endowment Fund for
Entrepreneurship will create a
kind of University-wide incubator,
offering all students firsthand
experience implementing
their own technology initiatives.
Chambers is president and
CEO of Cisco Systems. He
delivered Wake Forest’s
Commencement address and
received an honorary doctor of
laws degree from the university
in 2000, the same year his
daughter, Lindsay, graduated.
“Wake Forest has demonstrated
that it is not only important
to teach people how to learn
but also to expand their ideas
and communications through
today’s networked world,” he
said. “Our goal for this fund is
to provide the education, faculty
support and encouragement
that entrepreneurially-minded
students need to put their ideas
to work while they are still
in school.”
Grants from the fund will
be available to students on the
Reynolda and Bowman Gray
campuses and will be awarded
as early as next spring. “This
gift is an affirmation of our
philosophy of putting technology
in the hands of our students,
then providing them
with the educational underpinning,
faculty guidance and
other resources needed to act
on their own ideas,” said
President Thomas K. Hearn
Jr. “The energy created in our
students by this gift will spill
over into our community as
we continue to build the
information technology and
biotechnology sectors of our
local economy.”
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