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Henry M. Rowan, Industrialist Who Gave $100 Million Gift to University


   Henry M. Rowan at the announcement of the $100 million donation by himself and his wife, Betty, to        Glassboro State College in 1992. Rowan University Publications


Henry M. Rowan Jr. (December 4, 1923 – December 9, 2015) was an American philanthropist and engineer.Rowan University is named after him.
He was born to Dr. Henry M. Rowan Sr. and Margaret Frances Boyd Rowan in 1923 (coincidentally the same year the school which now carries his name was founded). After serving his country as a bomber pilot in World War II, Rowan graduated from Massachusetts Institute of Technology with honors with a degree in electrical engineering.
Henry M. Rowan, an industrialist whose $100 million gift to Glassboro State College in New Jersey in 1992 — now Rowan University — was the biggest individual cash gift to any public college or university at the time, died on Wednesday in Bucks County, Pa. He was 92.
His death was confirmed by Dr. Joe Cardona, vice president for university relations at Rowan.
When Mr. Rowan announced his contribution, his only connection to the college was that he had been born the same year it was established, 1923. But he and his wife, Betty, said their gift was meant to express their gratitude to the state where he grew up and where they created a global conglomerate, Inductotherm Group, from a revolutionary furnace he invented, to melt metal, in the basement of his home in 1953.
Less than two months after the gift was announced, Glassboro — it was originally named for the town it was in, which had been a glass manufacturing center — was rebranded.
“I didn’t ask for the name change,” Mr. Rowan told The New York Times in 1992. “It was offered to me.”
At the time of the gift, the couple’s net worth was estimated at $300 million.
In Nepal many public  Universities and Colleges are running in poor condition. Many colleges has no any infrastructures and teachers Private sector education is growing like mushroom. it is very expensive. Education is Nepal like commercial not productive and professional.
In Nepal, here many Businessmen. Now , time to invest in education. it take country new level.

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