Schlumberger Foundation Receives $50 Million Donation for Flagship Faculty for the Future Program

Funds Advanced Science and Technology Education for Women from
Developing Nations
The Schlumberger Foundation announced today that it has received a $50
million grant from Schlumberger Limited and its subsidiaries to support
the Faculty for the Future program. This flagship program, now in its
sixth year, supports talented women scientists from the developing world
by helping them pursue advanced graduate studies in scientific
disciplines at leading universities worldwide.
In 2011, the Schlumberger Foundation awarded Faculty for the Future
fellowships to 53 women from 31 countries to continue PhD or
post-doctoral studies in 18 disciplines including civil and
environmental science, computer engineering, chemistry, physics,
mathematics, and hydrology. In addition, 45 existing grants were
extended for a further period. Successful applicants are selected for
their leadership qualities and scientific ability with the program
attracting a total of 631 applications in 2011, including 48 requests
for fellowship extension.
'The Schlumberger Foundation launched the Faculty for the Future program
based on a conviction that the lack of female role models was one of the
greatest roadblocks in preventing young women in developing nations and
emerging countries from pursuing a scientific career,? commented
Jean-Marc Perraud, Chairman and President, Schlumberger Foundation.
After completion of their studies, Faculty for the Future fellows return
to their home countries to contribute to economic, social and
technological advancement through strengthening the faculties of their
home institutions and serving as powerful role models for other young
women.
Since its launch in 2004, 194 women from 54 countries have received
Faculty for the Future fellowships for advanced graduate study at top
universities around the world, and have become members of the active
community of fellows. The new donation significantly reinforces the
Foundation′s ability to fulfill the growth potential of the program.
For more information, visit http://www.facultyforthefuture.net/.
About the Schlumberger Foundation - The Schlumberger Foundation
is a private, nonprofit entity that supports science and technology
education. Recognizing the link between science, technology and
socio-economic development, as well as the key role of education in
realizing individual potential, the Foundation′s flagship Faculty for
the Future program succeeds a series of other educational initiatives.
Schlumberger Limited
Sola Oyinlola, +1-713-375-3434 (office)
Chairman
Africa & Global Head of Sustainability