UNCW receives $5 million gift, largest corporate donation in UNCW’s history
WILMINGTON, NC (WWAY) — UNCW will receive $1 million annually, over the next five years, from Quality Chemical Laboratories and its found Dr. Yousry Sayed and his wife.
The pledge will support the development of new pharmaceutical sciences and chemistry programs within the College of Arts and Sciences at UNCW.
UNCW says the gift is the largest outright philanthropic commitment by a corporate donor in UNCW’s history. Dr. Sayed is a former UNCW administrator and a longtime faculty member, student mentor and campus volunteer. His wife, Linda Sayed, graduated from UNCW in 1978 with a bachelor’s degree in chemistry, and she earned a master’s degree in education in 1985.
Yousry Sayed founded Quality Chemical in 1998 and serves as its president and CEO, while continuing to serve as an adjunct faculty member in the chemistry department.
“With this gift, Dr. and Mrs. Sayed are supporting the development of a critical new academic track, and also the aspirations of current and future Seahawks who are committed to advancing scientific research in our state and around the world,” said Chancellor Jose V. Sartarelli. “This investment will allow UNCW to continue to grow as an institution and as a driver of economic development in the state, by virtue of the training and employment possibilities these new programs will create for our students.”
It is anticipated that the gift will be used to establish distinguished professorships and endowed support funds, potentially going toward student scholarships, instrumentation and equipment for faculty research, seminar series and travel opportunities.
“It is an honor to be able to make this small contribution to this great university we love and appreciate, and to invest in the future of this important area of study and the students we serve,” said Dr. Sayed. “My wife and I have been a part of the Seahawk family and have grown together with UNCW for decades, and to know we are contributing to the university’s mission and outcomes in some small way is very rewarding for us.”