February 14, 2012

David Koch Recognized for Gift to Endow Men’s Basketball Head Coach Position

CAMBRIDGE, Mass. – At halftime of the MIT-Babson men's basketball game last night, former MIT men's basketball standout, David H. Koch '62, was recognized for his recent two-million dollar gift to endow the MIT head men's basketball coach position. His transformational gift was made to MIT's Department of Athletics, Physical Education and Recreation.

"It occurred to me last year; why not endow the men's basketball coach position at MIT," remarked Koch. "I have such great respect for Larry; he seemed to be the perfect person to endow a chair for. So I did it and I am very pleased that I did. Larry is terrific; he always invites basketball alumni who come to games into the locker room to talk to the team about their basketball experiences at MIT. I really enjoy doing that; it is a wonderful practice that Larry has started."

Mr. Koch graduated as MIT's all-time scoring leader, amassing 946 points despite sitting out the majority of his sophomore season due to injury. His Rockwell Cage record of 41 points in a game stood for 46 years and he currently ranks second in career scoring average with 21 points per game. Mr. Koch was one of the program's top rebounders as well, hauling in 545 boards, and was a recipient of a pair of First Team All-New England honors.

"I have immense respect for Larry as the head coach at MIT," said Koch. "He has taken that program and really improved the team's capabilities and level of success. Larry has developed a great reputation at MIT and has attracted a lot of outstanding student-athletes who want to play basketball for him and MIT."

In addition to establishing The David H. Koch '62 Head Coach of Men's Basketball endowment, Koch has been generous to MIT in many ways, including providing the leading gift in support of the Institute for Integrative Cancer Research that is named for him and was dedicated in March, 2011.