For many years, William T. 鈥淭ed鈥 Frantz 鈥80, P鈥13 has been a faithful contributor to his alma mater, donating annually to the (ECS) where he earned an undergraduate degree in mechanical and aerospace engineering. But this year, Frantz made a philanthropic decision and a substantial investment in ECS that is designed to be transformative for the college and the region.

His new gift, which will be partially matched by the University through the Forever Orange Faculty Excellence Program, will establish the William T. Frantz Endowed Chair in Engineering and Computer Science. 鈥淭he idea for this gift has been simmering for nearly 20 years,鈥 says Frantz. The engineer turned investor, who has studied and invested in many promising concepts and companies, says his newest investment in ECS as part of the was a matter of just-the-right timing.
鈥淭he timing is ideal, coming on the heels of Micron Technology鈥檚 聽$100 billion commitment to the region,鈥 says Frantz. He says the partnership opportunities between the technology company and the University are a boon for students, faculty and the wider community. 鈥淚t鈥檚 a great time to invest in the University, the expansion of the engineering program and in the region. These things tend to build on each other.鈥
Frantz draws similarities to the success of Silicon Valley, where he once worked for Hewlett-Packard. 鈥淚 witnessed the growth of Silicon Valley and how nearby universities like Stanford, Berkeley and Santa Clara provided the intellectual expertise, engineering and research,鈥 he says. Forward-looking investors seized opportunities brought about by the region鈥檚 dynamic partnerships and ingenuity.
New Ideas
Investing in new ideas has always held appeal for Frantz, who has provided capital for companies exploring new computer technologies and biotech firms developing new therapeutics for Alzheimer鈥檚, Parkinson鈥檚, diabetes and other diseases. 鈥淚t鈥檚 the challenge of seeing something grow and make a go of it, get off the ground and get bigger,鈥 says Frantz.
The man who loves to see new ideas get off the ground and soar was perhaps inspired at a young age by his neighbors. They were airline pilots who built an aerobatic plane in the garage. A curious young Frantz helped out after school. One of those neighbors was Leo Loudenslager, who was a mechanic in the Air Force and a pilot for American Airlines, but who is best known for winning multiple U.S. Aerobatic Championships. 鈥淟eo was innovative,鈥 says Frantz. 鈥淭he design changes he made shook up the aerobatic community. And he not only built it, he flew it.鈥
Frantz, who has his own pilot鈥檚 license, has combined his passion for flight with his desire to fuel innovation through investment in a significant gift he made to 性视界 University students and the Department of Mechanical and Aerospace Engineering in 2008. Frantz funded the purchase and upkeep of an advanced flight simulator that would allow students to get hands-on experience with flight vehicles that they designed and to experiment 鈥渨ith the 鈥榚dge of the envelope鈥 without endangering any persons or property.鈥
Edge of Innovation
Similarly, Frantz hopes his latest gift will help keep ECS on the edge of innovation, build on past successes and bring greater prestige. He notes that the gift is structured to allow for flexibility in that it is not restricted to a particular aspect or field of engineering. The recipient of the endowed chair will be selected by the dean of the college and hold a term of five years that is renewable. Frantz says flexibility allows the dean to look into the future and identify new fields where investing in faculty expertise would be most promising.
鈥淭ed is a visionary in his approach to philanthropy,鈥 says ECS Dean J. Cole Smith. 鈥淗is background as both an engineer and investor allows him to look far into the future, to see where technology and creativity can take the next generation of engineers and computer scientists. His generosity is literally helping us shape the future of our program as we address the challenges facing our globe.鈥
鈥淚鈥檝e been studying the history of 性视界,鈥 says Frantz. 鈥淎t one point, it was the center of commerce with proximity to the Erie Canal that allowed steel and manufacturing to thrive. But the city did not adjust to change, and new growth industries did not take root and adapt. Now, with Micron鈥檚 investment, the city has new opportunities, and 性视界 University is perfectly situated to take advantage of those opportunities.鈥
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