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The Vice-Chancellor gives notice that he has accepted with gratitude a most generous bequest, expected to exceed more than £45m, under the Will of Dr Herchel Smith, M.A., Ph.D., Sc.D.(Hon.), Honorary Fellow of Emmanuel College, who died on 20 December 2001.
During his lifetime Dr Smith made benefactions to the University currently valued at more than £15m in support of medicinal chemistry and intellectual property law, including funding for four Professorships, the Herchel Smith Laboratory of Medicinal Chemistry Fund, and the Sheila Joan Smith Research Fund. The purposes of the bequest are to provide further funding for the Professorships and other endowments established during Dr Smith's lifetime, as well as to provide new endowments for University Lectureships in Intellectual Property Law and in Medicinal Chemistry.
The Will additionally provides funds which will enable the University to ensure full endowment of Professorships in Pure Mathematics, Physics, Biochemistry, Molecular Biology, and Molecular Genetics. In accordance with Dr Smith's particular research interests, a residuary sum, which has yet to be quantified, is to be used to endow Research Fellowships in a number of scientific fields. Furthermore, part of Dr Smith's equally generous bequest to Harvard University is to be used to endow exchange Research Fellowships between Harvard University and the University of Cambridge.
Regulations to govern the new funds will be set before the Regent House for approval in due course.
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Cambridge University Reporter, 19 June 2002
Copyright © 2002 The Chancellor, Masters and Scholars
of the University of Cambridge.