The Foundation launches its 20-year University Development (later Education for Development) program, designed to create new leadership in developing countries by aiding a few selected universities.

The $125 million program emphasizes departments of agriculture, public health, medicine and social sciences. Universities are aided in Brazil, Chile, Colombia, Kenya, Tanzania, Uganda, Indonesia, Nigeria, Sudan, Thailand, the Philippines and Zaire. The total Foundation commitment comes to $550 million in current dollars.