Y. C. Tang Disciplinary Development Fund

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The Y. C. Tang Disciplinary Development Fund (simplified Chinese: 汤永谦学科建设发展基金; traditional Chinese: 湯永謙學科建設發展基金) is an educational foundation of Zhejiang University (ZJU).[1]

Introduction

The fund was founded by American

entrepreneur Dr. Y.C. Tang (湯永謙, a Zhejiang University alumnus and Zhejiang native (hometown Ningbo).[2]

The first endowment of the fund was US $2 million from Mr. and Mrs Tang in May 2004.

General Secretary of Zhejiang University - Zhang Junsheng, received the endowment, on behalf of the university. Before this donation, Tang couple already donated 40 million Chinese Yuan to the university.[citation needed
]

The fund is coupled with the Y.C. Tang Educational Fund, which is based in

US dollars to support the educational activities at Zhejiang University.[citation needed
]

In 1997, the Centennial Anniversary of ZJU, Mr. Tang also donated 2.4 million USD to build a student center at Yuquan Campus. He further donated 5 million USD to Zhejiang University, to support its constructions and education.[4]

References