Bursaries at Merton College boosted by £1 million gift
07 Jan 13
Sir Howard Stringer (Merton, 1961, History), former CEO of the Sony Corporation and currently Chairman of Sony, together with his wife Dr Jennifer Patterson, has donated £1 million to Merton College to be used for bursaries. The College and University of Oxford are extremely grateful.
This gift was inspired by the recent Moritz-Heyman gift of £25 million to the University of Oxford to endow scholarships for Oxford University undergraduates with the lowest household incomes. The very generous Stringer-Patterson gift counts at 100% towards leveraging the next tranche of Moritz-Heyman Funds. The Moritz-Heyman scheme's matched funding challenge to the collegiate University will generate an unprecedented total of £300m to support Oxford undergraduates from lower-income backgrounds within the UK.
Sir Howard Stringer received an honorary doctorate from the University of Oxford in June 2012.