February 10, 2013 | Read Time: 1 minute
Amount donated in 2012: $50-million
Beneficiary: Swarthmore College
Background: Mr. Lang founded REFAC Technology Development Corporation, a manufacturing and technology-transfer company.
Mr. Lang, 93, pledged $50-million to Swarthmore College for new engineering and science facilities and for programs connecting engineering with the liberal arts.
Mr. Lang graduated from Swarthmore in 1938 with a bachelor’s degree in economics and serves as chair emeritus of Swarthmore’s Board of Managers. [Editor’s note: The previous sentence was changed to show that Mr. Lang is an emeritus member of the board, not chairman of the board.]
He founded the national mentoring charity, the “I Have a Dream” Foundation, in 1981 and he received the Presidential Medal of Freedom in 1996.
Mr. Lang will pay the pledge over the next several years.
