FOR IMMEDIATE RELEASE
Georgetown University Receives $100 Million to Create New Public Policy School
Transformative gift from alumnus Frank H. McCourt, Jr. will forge a new approach to public policy education
WASHINGTON (September 18, 2013)—Georgetown University today announced that it will make a transformational impact on the field of public policy through a gift of $100 million. The gift, from Frank H. McCourt, Jr. (C’75), is the largest in the university’s history and will endow the McCourt School of Public Policy at Georgetown University.
The McCourt School for Public Policy will leverage Georgetown’s location in Washington, D.C., its relationships with global leaders and its legacy of public service to launch a new approach to public policy. The McCourt School will contribute policy-based, data-driven research and solutions to the urgent policy issues of our time. This world-class research institution will incorporate the Georgetown Public Policy Institute (GPPI), a nationally ranked graduate program.
“Georgetown is uniquely positioned, at this moment in our university’s history, to build on our existing strengths as we grow to meet the needs of the complex and evolving public policy field,” says Georgetown University President John J. DeGioia. “The McCourt School of Public Policy will build on the foundation we have created while leveraging our most valuable resources – our location in the nation’s capital, our national and global reputation, and our commitment to civil and civic discourse and engagement - to become the premiere academic resource for public policy in the 21st century.”
“There has never been a more urgent need for this work,” says McCourt. “The issues facing global leaders are more acute, dynamic and interrelated than ever before. We recognize an opportunity here to serve the world in a new way through an innovative approach to public policy research and analysis.”
The McCourt School will compete for the most talented students and faculty. The new McCourt Fellows Program will recruit and offer full scholarships to the country's most qualified future public policy makers and scholars. The new school will expand the existing world-class faculty with five endowed positions and more core faculty positions as the school grows, by increasing interdisciplinary appointments, and providing additional support for stronger inter-institutional collaborations.
Georgetown will deepen its commitment to civil dialogue and strengthen its position as a leader in civil and civic discourse and engagement through the establishment of a new Center for Politics and Policy at the McCourt School.
The McCourt School will also house a new Massive Data Institute, which will harness and navigate the data that new advances in technology and communications have generated in the past decade. The Massive Data Institute will take an innovative approach to shaping public policy by training the next generation of leaders to critically analyze, extract and use these large sets of data to better inform public policy.
“The generosity and partnership of Frank McCourt brings to life our vision to connect the Jesuit values of service and justice with a critical need in the 21st century for scholars, leaders, policymakers and organizations to work together in new ways,” says DeGioia. “Understanding the data now available to us and using it in the creation of public policy will be fundamental to shaping the public policy of the future.”
“The McCourt family has had a long relationship with Georgetown over multiple generations, and we are very pleased to partner with the university to bring to life the bold vision of a new public policy school,” added McCourt. “Georgetown’s unmatched interconnections with the people, institutions and ideas that shape global public policy make it uniquely qualified to develop the preeminent public policy school for our time.”
The McCourt School will become the ninth school at Georgetown University and the first new school since 1957. The university will officially launch the McCourt School for Public Policy at an academic ceremony October 8 and will celebrate at an event with members of the national and international policy communities, dignitaries and Members of Congress in Washington, D.C. on October 9.
For more information on the McCourt School of Public Policy at Georgetown University, read here. Please see attached for a photo of President DeGioia and Mr. McCourt at Georgetown.
About Georgetown University
Established in 1789, Georgetown is the nation’s oldest Catholic and Jesuit university. Drawing upon this legacy, we provide students with a world-class learning experience focused on educating the whole person through exposure to different faiths, cultures and beliefs. With our Jesuit values and location in Washington, D.C., Georgetown offers students a distinct opportunity to learn, experience and understand more about the world.
About Frank H. McCourt, Jr.
Frank H. McCourt, Jr., is the founder, chairman and CEO of McCourt Global, a diversified investment firm focused on creating long-term value through strategic investments in real estate, private equity, sports and media. From 2004 through 2012, he was the fourth owner of the Los Angeles Dodgers, and under his stewardship, the Dodgers reached postseason play four of seven seasons. In May of 2012, he sold the team for the highest price ever paid for a sports franchise. Mr. McCourt received his undergraduate degree in economics from Georgetown University in 1975. He is a former member of Georgetown’s Board of Directors and co-chaired the University’s Third Century Campaign (New England Region).Two of Frank McCourt's brothers attended Georgetown – Terence P. McCourt (C’77) and David C. McCourt (C’79) – and their father, Frank H. McCourt Sr., graduated from the university in 1939. One of Frank McCourt Jr.’s four sons, Travis (C’05), is also an alumnus. He is active in a wide array of educational, trade, civic and charitable organizations, including having served as board chairman of the Dodgers Dream Foundation, which partners with 3500 non-profit organizations in Southern California. He is also currently board chairman of ThinkCure, the official Dodger charity, which raises money to facilitate cancer research, and whose mission is to find a cure.
About The Georgetown Public Policy Institute
The Georgetown Public Policy Institute at Georgetown University is a top-ranked graduate school located at the center of the policy world in Washington, D.C. Our mission is to give our students the rigorous quantitative and analytic skills needed to design, implement and evaluate smart policies and to conduct policy research and recommend effective solutions on today’s most critical topics. On September 18, 2013 Georgetown announced that GPPI will become the McCourt School for Public Policy, the ninth school at Georgetown University and the first since 1957, during an academic ceremony to be held October 8, 2013.