The President’s Report on Philanthropy and Endowments (2020–2021)

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CREATE TRANSFORMATIVE EXPERIENCES

…AND A BETTER WORLD

Thanks to support from alumni and friends, Penn Staters will have the resources to make a difference in communities close to home and around the globe.

THE GATTO GLOBAL SOCIAL IMPACT FUND Entrepreneurship not only has the potential to create a thriving economy—entrepreneurship can also address issues ranging from hunger and homelessness to sustainable energy. Smeal College of Business alumnus Lou Gatto and his wife, Kathy, are investing in the talent, ingenuity, and commitment of Penn Staters through a $1.1 million estate gift establishing the Gatto Global Social Impact Fund. The endowment will provide financing, resources, and mentorship for socially minded student entrepreneurs, drawing on the strengths of the college and the University—including the Center for the Business of Sustainability, the Farrell Center for Corporate Innovation and Entrepreneurship, Penn State’s Small Business Development Center, and Invent Penn State—to help them succeed. “Today’s students increasingly see business as a tool to make the world a better place,” says Dean Charles H. Whiteman. “Lou and Kathy’s gift will enable our students and our community to leverage the entrepreneurial ecosystem at Penn State to develop solutions to some of the biggest challenges facing society today.”

THE ANUNCIA DONECIA SONGSONG MANGLONA LAB FOR GENDER AND ECONOMIC EQUITY “We cannot wait another 200 years for social pressures to finally make organizations rectify the ongoing pay inequity experienced by women and minorities—we have to fight for pay equity in our lifetime,” says Katie Moussouris, a leading researcher and entrepreneur in cybersecurity and vulnerability disclosure. Through her Pay Equity Now Foundation, Moussouris has made a $1 million gift to Penn State Law at University Park—the largest in the school’s history—to establish the Anuncia Donecia Songsong Manglona Lab for Gender and Economic Equity. Named for Moussouris’s late mother, a scientist who encouraged her daughter to learn coding and set in motion a successful 20-year career in cybersecurity, the Manglona Lab will initially include a gender equity litigation clinic to address financial discrimination in the workplace and otherwise promote economic equity under the law and in practice through research. “My mother was underpaid and underpromoted throughout her entire professional career,” said Moussouris. “She suffered what all women, especially women of color, suffer in pay equity. It is my hope that the Manglona Lab will work swiftly and effectively to change this reality.” Dara Purvis (right), one of the Penn State Law faculty members affiliated with the lab

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