PNC Gift Acknowledgment – Press Event

October 20, 2020 | 11:30 am – Noon
Rehearsal Oct. 19

Thank you, Jim.

This year has been a challenge...so much so that on some days I feel like taking a nap until 2020 is over.

But then there are days like today—when we celebrate a decades-long partnership that has benefited society in immeasurable ways. And I have the privilege of saying thank you on behalf of Penn State and the countless citizens who rely on us for education, health, wellness, and economic security.

Together, Penn State and PNC have advanced our land-grant mission of teaching, research, and service. Together, we have generated, applied, and disseminated knowledge that is transforming the way we do business. And together, we have contributed to the Commonwealth, our nation, and the world.

I’m proud of this relationship—that spans business and philanthropy. Hundreds of Penn State alumni work at PNC, and PNC has been part of some of the most important initiatives in Penn State’s history.

It’s clear that we share common values and vision. As we work to make education accessible and affordable for working families, PNC has been with us through support for the Schreyer Honors College, the Colleges of Business and Information Sciences and Technology, Penn State Harrisburg, and Penn State Behrend.

As Penn State has worked to promote economic development, job creation, and career success, PNC has been there with timely investments. They have stepped up with gifts to support innovation and Invent Penn State, which at last count has supported more than 2,500 entrepreneurs, graduated 224 startups from accelerator programs, and completed more than 200 product development projects. PNC has also supported Intercollegiate Athletics, which supports jobs in our communities and builds pride across the Commonwealth.

As Penn State tackles the fundamental challenges associated with human health and well-being, again PNC has been with us. They have supported numerous initiatives at Penn State Health, especially for Penn State Children’s Hospital, as Steve mentioned. This gift announcement reinforces and advances their commitment to the health and wellness of our communities.

Again, thank you to everyone at PNC for your generosity and long history of collaboration. You are part of what it means when we say, “We Are Penn State.” I look forward to seeing what more we can accomplish together.

Now I have the pleasure of introducing Dr. Lora Weiss, Penn State’s senior vice president for research. Lora is the principal academic and administrative officer for Penn State’s research enterprise, which consistently ranks among the nation’s top 25 public research universities. In fact, this past year, research expenditures exceeded $1 billion. Lora...