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Eastman Kodak pumps $1M into Golisano Institute

By MIKE DICKINSON - 6/28/2010 1:37:14 PM

Eastman Kodak Co. is giving $1 million to the Golisano Institute for Sustainability at Rochester Institute of Technology.

The company Monday announced the disbursement from its Rochester economic development fund in support of the sustainability institute.

“The funding supports a Kodak Lab for Collaborative Research, as well as scholarship, equipment and operations at the sustainability institute,” said Terry Taber, chief technical officer at Kodak, in a statement.

“As Kodak has strengthened its commitment to design for sustainability and environmental stewardship, we saw a clear need to support the education of the next generation of scientists, engineers and mathematicians,” Taber said.

Kodak officials announced the support at the kickoff of the 2010 Summer Mathematics Institute Teachers Workshop at RIT. Kodak is a co-sponsor of the workshop.

“This latest partnership between Kodak and RIT is focused on improving the prospects of a sustainable world for generations to come,” said William Destler, RIT president.

Kodak’s support for the sustainability institute comes from a $15 million economic development fund created by Kodak leadership in 2003 to support area economic growth initiatives. This final contribution completes disbursements from the Kodak fund.

The Golisano Institute for Sustainability was established in 2007 with a $10 million gift from Thomas Golisano, founder and chairman of Paychex Inc. and an RIT trustee. The institute is an academic, research and technology transfer center devoted to enhancing the development of sustainable systems in all aspects of society. In 2008 it was awarded state approval for a doctoral degree in sustainability, the first program of its kind in the world.

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