The NiSource Charitable Foundation has awarded $100,000 to Purdue University Calumet to establish the NiSource Charitable Foundation Endowed Professorship of Energy and the Environment.
The gift is being matched by a $400,000 award from the Lilly Endowment Program, which has pledged to match each $100,000 endowed professorship gift that Purdue Calumet receives, ultimately, to create five, $500,000 endowed professorships.
The NiSource Charitable Foundation Endowed Professor of Energy and the Environment will direct Purdue Calumet’s emerging Center for Energy Efficiency and Reliability. The Center is a research hub that seeks to develop new technologies to advance energy efficiency, utilization and processes, while reducing energy costs and emissions.
“NiSource is pleased to partner with Purdue University Calumet and the Lilly Endowment to advance teaching and research opportunities in Northwest Indiana by establishing this professorship,” said Gary L. Neale, NiSource chairman and chief executive officer and chairman of the board of trustees of the NiSource Charitable Foundation. “This professorship will play an important role in bringing to market new energy technologies that will improve the efficiency of energy use and the environment-and that will, in turn, enhance the quality of life for people throughout this region, the state and the nation.”
Purdue Calumet in consultation with NiSource will select the holder of the professorship, who, with the dean of Purdue Calumet’s School of Engineering, Mathematics and Science, will develop annual plans regarding teaching, research and service activities.
“We are extremely appreciative of the generosity NiSource has demonstrated and look forward to collaborating in developing this vision to benefit Northwest Indiana,” Purdue Calumet Chancellor Howard Cohen said. “As our region diversifies and transitions more and more to technology-based businesses, our Center for Energy Efficiency and Reliability stands to play a huge economic development role. It is gratifying and exciting to be able to move forward with NiSource; we are grateful for its support.”
The NiSource Charitable Foundation Endowed Professorship is the second endowed professorship introduced at Purdue Calumet. Previously, Lilly Endowment matched a $100,000 gift from local businessman, entrepreneur, author and alumnus Thomas Crowel to establish the Thomas Ray Crowel Endowed Professorship, designed to promote and improve science and mathematics learning among at-risk students in pre-school through high school via Purdue Calumet’s emerging Center for Science and Technology Education.
Based in Merrillville, NiSource Inc. is a Fortune 500 holding company whose operating companies engage in natural gas transmission, storage and distribution, as well as electric generation, transmission and distribution. The NiSource Charitable Foundation partners with NiSource’s operating companies to seek community investment initiatives that have a direct impact in the communities served by NiSource companies and that focus on education, the environment, economic development, human services and/or public safety.