Notre Dame Receives $111M Endowment to Fight Poverty
SOUTH BEND - The University of Notre Dame and the Florida-based Pulte Family Charitable Foundation are partnering on their efforts to develop and measure the impact of global anti-poverty programs.
The foundation has established a $111 million endowment which will be directed toward six initiatives at the university.
Notre Dame says the gifts will help to expand a worldwide network of researchers, students, innovators and professionals who are dedicated to helping people escape poverty.
“This truly is a transformational gift for Notre Dame, but, more importantly, for those who will benefit from new and better anti-poverty programs across the country and around the world,” said Rev. John Jenkins, Notre Dame’s president.
The Pulte Foundation works in the memory of Bill Pulte, the founder of Pulte Homes, who died in 2018. Pulte’s wife, Karen, serves on Notre Dame’s advisory council for the Keough School of Global Affairs.
“Bill was a selfless man, always thinking of others,” said Karen Pulte. “When he retired, he focused on serving others and wanted to do what he could to help address the world’s biggest problems, especially world peace and poverty.”
Members of the Pulte family and the foundation have deep connections with Notre Dame with several children and grandchildren who have attended the university.