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WILLIAM DAVIDSON TO RECEIVE HONORARY DEGREE FROM THE WEIZMANN INSTITUTE OF SCIENCE

Davidson Institute of Science Education to be Dedicated

New York, NY, August 9, 2001 – Detroit-area entrepreneur and philanthropist William Davidson will receive a doctor of philosophy degree, honoris causa, from the Weizmann Institute of Science. The degree will be presented during the 52nd Annual General Meeting of the Board of Governors of the Weizmann Institute of Science in Rehovot, Israel, on November 12, 2001.

Davidson is chairman, president and CEO of Guardian Industries Corp., managing partner of the Detroit Pistons Basketball Club and majority owner of Palace Sports and Entertainment, is a benefactor and longstanding supporter of the Weizmann Institute. He is being recognized for his contribution to science education. In 1999, he helped establish the Davidson Institute of Science Education at the Institute when he endowed the school with a $20 million gift, which is the largest private donation ever given to the Institute.

According to Institute President Professor Haim Harari, “Bill Davidson believes that the Weizmann Institute in Israel should serve as worldwide center for the development and implementation of quality science education. His commitment to scholastic excellence at the Davidson Institute will enrich Israel and many other nations, by ensuring that young people receive the opportunity to experience the wonders of science.”

The Davidson Institute, which will be officially dedicated as part of the weekend’s activities, serves as an incubator and central facility for programs to improve the level of science teaching though curricula development, innovative educational methods and new teaching materials. It has enabled the Weizmann Institute to consolidate its science education activities under one roof and build upon its record of achievement in education, mathematics, science and technology.

Additionally, the Davidson Institute participates in international educational programs and exchanges, provides resources for long-term strategic educational planning, and serves as headquarters for several existing innovative educational enterprises, including PERACH, a national volunteer organization comprised of 25,000 undergraduate university students who mentor and tutor school-age children from disadvantaged backgrounds.

Davidson is a major supporter of a variety of programs that promote education, develop market economies around the world, improve the quality of life and enhance Jewish leadership. Among his major interests and commitments are the William Davidson Institute at the University of Michigan Business School, his alma mater, and the William Davidson Graduate School of Jewish Education at the Jewish Theological Seminary of America.

The Weizmann Institute of Science in Rehovot, Israel, is one of the world’s foremost centers of scientific research and graduate study. Its 2,500 scientists, students, technicians and engineers pursue basic research in the quest for knowledge and the enhancement of humanity. New ways of fighting disease and hunger, protecting the environment, and harnessing alternative sources of energy are high priorities at Weizmann.

The American Committee for the Weizmann Institute of Science is a community of dedicated people who share a common vision in support of the Institute. The generous assistance the Institute receives from individuals, foundations and corporations is vital for its future. Committee members show their devotion to the advancement of the Institute’s goals by becoming partners in the search for answers to the most difficult challenges facing humanity.

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