Museum of Science Gets $10M for Tech, Engineering Exhibit
October 30, 2017 Bostons Museum of Science recently announced it received a $10 million gift from MathWorks, a long-time corporate partner, to develop a new, permanent technology and engineering exhibit at the nonprofit, which traces its roots to 1830.
The exhibit, under development, set to open in 2020, will be part of the initial phase of the most comprehensive project in the history of the Museum of Science
(MOS), the transformation of the 100,000-square foot Blue Wing.
Expanding upon years of support and partnership from MathWorks, this generous gift demonstrates the close alignment of our missions, values, and commitment to inspiring the next generation of scientists and engineers as they create solutions, investigate questions and imagine possible worlds for both today and tomorrow, said Ioannis Miaoulis, museum president and director.
He added, Were grateful to have a partner like MathWorks that supports our vision to transform the Blue Wing into a state-of-the-art, integrated experience that excites, empowers, and engages everyone to be the critical thinkers needed to shape our technological future.
The gift from MathWorks, a leading developer of mathematical computing software based in Natick, will fund the design, fabrication, and construction of the exhibit, as well as fund an endowment that will ensure the exhibit remains well-maintained and up-to-date.
MathWorks has been a supporter of the museum since 1991, sponsor of the Mugar Omni Theater since 2005, and a Premier Partner since 2008. MathWorks staff have volunteered their time to support numerous engineering and computer science events at the museum.
The new exhibit will provide a permanent home for Engineering Design Challenges, and will enable visitors to engage in hands-on engineering activities. It aims to put particular emphasis on girls and women, as well as families with young children.
MathWorks is committed to helping students discover their passion for STEM subjects. To complement classroom learning, they need to experience working hands-on to explore, experiment, model and build, said MathWorks CEO Jack Little. The Museum of Science shares in this approach to education, and we are very happy to expand our partnership through the Blue Wing transformation and creation of the MathWorks exhibit.
Fabrication and construction of the exhibit is scheduled to begin in 2019 with the goal of opening to the public in spring 2020.
Last October, the museum received a $50 million donation from the Bloomberg Philanthropies, still the largest gift in its 187-year history.
The museum called the donation a "transformational gift," which would ensure the museums position as "one of the premier educational institutions in the world by ensuring the longevity and stability of the existing education department."
In 2015, the museum embarked on a long-range plan to expand its reach locally, nationally, and internationally to further support its mission to be the leading science center worldwide in expanding the public's access to, understanding of, and critical thinking around engineering, technology, and the sciences.
The Boston Business Journal has ranked the Museum of Science as the twelfth richest nonprofit in Massachusetts, in terms of assets, having posted $242,363,177 in assets in 2015.