$5 million to fund student exchanges
Alumnus Joseph C. Fox '38 has contributed $5 million for the Fox International Fellowship Program of the Yale Center for International and Area Studies (YCIAS).
The program, which Fox established in 1989, is designed to foster world understanding through international student exchanges.
In thanking Fox for his generosity, President Richard C. Levin stated: "This wonderful commitment by Mr. Fox will allow the Fox Fellowship Program to extend the scope of its work in promoting better communication among nations. The program promises to help develop and encourage the world-class statesmen and stateswomen of the future who will work toward establishing peace."
The fellowships initially supported graduate student exchanges between Yale and Moscow State University, with the hope that such exchanges would help promote understanding between the two countries. Since then,Yale has formalized similar arrangements with Cambridge University, the Free University of Berlin, Fudan University in Shanghai and the University of Tokyo.
With this latest major gift to the endowment, the Fox International Fellowship Program hopes to increase traffic with the existing universities and form other institutional partnerships in Canada, France, Israel, Latin America, the Muslim World, South Africa and South Asia.
"We owe a great debt of gratitude to Mr. Fox for his remarkable generosity and breadth of vision," said YCIAS director Gustav Ranis. "I appreciate the fact that he chose Yale as the site for a worthy international exchange effort of this kind, drawing on the strengths of the University in international and interdisciplinary programs. We appreciate the trust he has placed in us."
Fox is a former director of Kidder Peabody who has traveled extensively during his career and pursued his strong interest in international affairs. Following his graduation from Yale, he completed a degree in economics at Cambridge University. He has served as director with the West Side YMCA in New York and with the Fiduciary Mutual Investing Co., among other firms, and is a member of the Council on Foreign Relations.
T H I SW E E K ' SS T O R I E S
$5 million to fund student exchanges
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