Word: clay
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Although the donation was made almost a year ago, the department waited for "an auspicious occasion" to publicize it, said Department Chair Arthur M. Jaffe, who holds the professorship in mathematics and theoretical science that Clay endowed...
...Clay, who concentrated in English during his undergraduate years, called the mathematics department "a vibrant place" in remarks at the dinner and said that he was making the gift because "mathematics is the key to understanding science, [and] compared to many scientific projects, in mathematics you get more bang for the buck...
...Clay could not be reached for comment yesterday afternoon...
Because the terms of the gift bar the department from immediately founding a professorship with Clay's money, it will probably be spent "to deal with our highest priorities...on a year-to-year basis," Jaffe said...
Reshetikhin said he was impressed with Clay's generosity towards the department...