Lichtenstein Challenge Funds Support Arts and Sciences Scholarships and Annual Fund
Warren G. Lichtenstein, C’87, has made a $1 million gift to establish the Warren Lichtenstein Young Alumni Scholarship Challenge Fund and the Warren Lichtenstein Arts and Sciences Challenge Fund.
The Warren Lichtenstein Young Alumni Scholarship Challenge Fund will provide a one-to-one match for gifts from alumni who completed their undergraduate degree within the past 10 years. The resulting endowed scholarships will support students in the College of Arts and Sciences in perpetuity. The Warren Lichtenstein Arts and Sciences Challenge Fund will provide matching funds for gifts to the Arts and Sciences Annual Fund, which supports wide-ranging programs and capital needs across the School.
“We are grateful for Warren’s gift, which not only supports financial aid and other priority areas but also inspires the engagement of other alumni and friends,” says Steven J. Fluharty, Dean of Penn Arts and Sciences and Thomas S. Gates, Jr. Professor of Psychology, Pharmacology, and Neuroscience. “His generosity will impact many initiatives and will particularly help us meet the increasing needs of students for whom a Penn education would not be possible without scholarship aid.”
“I think it’s important to give back, and Penn provided me with a great education and a solid foundation as I started my career,” says Lichtenstein. “Challenge grants are a way to have graduates stay connected to Penn, support an institution that has contributed to their lives, and make a meaningful contribution that will help the next generation of students. I also firmly believe that by getting involved early in philanthropy, young people will make it a part of their lives as they grow and gain success in all their endeavors.”
Lichtenstein earned his bachelor’s degree in economics at Penn Arts and Sciences in 1987 and is Founder and Executive Chairman of Steel Partners Holdings. L.P., global diversified holding company that engages in multiple businesses. He also serves as Executive Chairman of Steel Connect, Ltd. and Aerojet Rocketdyne Holdings, Inc. He has supported various initiatives at the University, including The Penn Fund and undergraduate scholarships, for more than 15 years.