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Unidel Challenge: Unidel commits additional $5 million to ISE Lab; UD announces challenge

Unidel Challenge:  Unidel commits additional $5 million to ISE Lab; UD announces challenge

The University of Delaware has received a $5 million commitment from the Unidel Foundation Inc. to support the construction of the Interdisciplinary Science and Engineering Laboratory (ISE Lab). To help motivate others to invest in the ISE Lab project, the University has decided to use this gift to establish a challenge to other prospective donors.

The Unidel Challenge will be in effect during 2013 to provide donors the chance to significantly upgrade their naming opportunity within the ISE Lab building. As long as sufficient matching funds remain during the challenge period, all new gifts to the ISE Lab of $50,000 to $2.5 million will receive a 1:1 match for the purpose of naming opportunities. For example, a donor who makes a gift of $50,000 during the Unidel Challenge period will receive a naming opportunity valued at $100,000. There are currently 126 naming opportunities still available in the ISE Lab.