December 2004: Krauss Family Foundation endows Graduate Fellowship in High Energy Physics
The Jenny H. and Otto F. Krauss Charitable Foundation has entered an agreement to commit at least $60,000 to fund an endowed fellowship program in the Michigan State University Department of Physics and Astronomy. The family foundation has made an initial payment of $12,000 to begin building the Krauss Endowed Fellowship Fund. This endowment will support a needy and deserving graduate student with a high grade point average who is seeking an advanced degree in high-energy physics.
"Graduate students are critical to the success of our educational and research missions," said Physics and Astronomy Department Chair Dr. Wolfgang Bauer. "These students are the lifeblood for progress in every department, and particularly in the laboratory sciences. While pursuing higher degrees but not yet earning a living wage in their chosen field, graduate students are most grateful for the assistance afforded by a fellowship. We are very grateful to the Krauss family for giving our students this wonderful opportunity."
"We are proud to create a perpetual endowment to support excellence in graduate education for students working in the field of high-energy physics," said Foundation Trustee Frederick G. Krauss. "We recognize the high caliber of work being done under Dr. Bauer's leadership, and we feel this is an excellent use of the foundation's resources."
Otto F. Krauss was born in Pforzheim, Germany in 1908 and immigrated to the United States in 1928. He worked as a tool and die maker for Eclipse Aviation, Bendix and Lionel in New Jersey. Mr. Krauss married Jenny Hoh in 1936. Otto Krauss worked in various engineering and corporate manufacturing positions at firms in Pennsylvania, Illinois and Michigan. After his retirement, he obtained three degrees (Bachelors, Masters, Doctorate) at Michigan State University. Dr. Krauss became a researcher in engineering at MSU and devoted most of his efforts to the study of alternate forms of producing electrical energy. Frederick Krauss is the son of Otto and Jenny.