Michael Novogratz, a member of Princeton’s Class of 1987, and his wife, Sukey Caceres Novogratz of the Class of 1989, have given $4 million to establish a fund to support the University’s Bridge Year Program. The three-year-old initiative enables newly admitted freshmen to defer enrollment and spend nine months serving a local community in another country.

The Novogratz fund is helping to increase the number of students who can participate in this signature program by sponsoring at least one student annually in each of Bridge Year’s four service areas: China, India, Peru and Senegal.