Skip to Content
MIT News magazine

Doug and Sara Bailey

Westport, CT

“We need a workforce of knowledgeable, skilled people who will advance tomorrow’s technologies within the energy sector,” says Doug Bailey, who along with his wife, Sara, recently made a gift to the MIT Energy Initiative to support graduate fellowships in the Department of Mechanical Engineering.

“The world needs human ingenuity to achieve the goal of global energy security through sources and processes that are economically and environmentally responsible,” says Bailey. He adds that the gift will provide support for students interested in innovations to improve the use and production of fossil fuels.

“There are many deserving places one can support, but you have to follow your heart,” he says. “I chose MIT because of what it did for me and what I believe it can do for others.”

Bailey, a member of the MIT Class of 1972, earned BS, MS, and engineer degrees, all in mechanical engineering. After working as an engineer with Foster-Miller, he earned an MBA from Harvard in 1978. He subsequently joined Corning, where he worked in manufacturing and marketing. Now Bailey is president and CEO of American Bailey Corporation, a private-equity firm that he cofounded in Stamford, CT, in 1984 with his father, also a mechanical engineer. He is also deputy chairman of Fuel Tech, a public company that focuses on cost-­effective and environmentally sustainable energy technologies.

For fun, Doug and Sara take ballroom dance lessons and participate in professional/amateur dancesport competitions in various cities.

In honor of Bailey’s 35th reunion, the couple provided matching funds to gifts made by members of the Class of 1972. They also added to the Douglas G. and Sara G. Bailey UROP Fund, which champions the program that pairs faculty and students in research partnerships.

“I believe that education offers the greatest return on any investment that one can make. If you ask yourself what brought you success, in large part it has to be your education,” he says. “So what better way to give back than to support the same institution that gave you that opportunity?”

For giving information, contact Stuart Krantz:
617-253-5905; skrantz@mit.edu.
Or visit giving.mit.edu

Keep Reading

Most Popular

still from Embodied Intelligence video
still from Embodied Intelligence video

These weird virtual creatures evolve their bodies to solve problems

They show how intelligence and body plans are closely linked—and could unlock AI for robots.

pig kidney transplant surgery
pig kidney transplant surgery

Surgeons have successfully tested a pig’s kidney in a human patient

The test, in a brain-dead patient, was very short but represents a milestone in the long quest to use animal organs in human transplants.

panpsychism concept
panpsychism concept

Is everything in the world a little bit conscious?

The idea that consciousness is widespread is attractive to many for intellectual and, perhaps, also emotional
reasons. But can it be tested? Surprisingly, perhaps it can.

We reviewed three at-home covid tests. The results were mixed.

Over-the-counter coronavirus tests are finally available in the US. Some are more accurate and easier to use than others.

Stay connected

Illustration by Rose WongIllustration by Rose Wong

Get the latest updates from
MIT Technology Review

Discover special offers, top stories, upcoming events, and more.

Thank you for submitting your email!

Explore more newsletters

It looks like something went wrong.

We’re having trouble saving your preferences. Try refreshing this page and updating them one more time. If you continue to get this message, reach out to us at customer-service@technologyreview.com with a list of newsletters you’d like to receive.