Business leader and alumnus William Troost receives honorary degree for philanthropy, support of students
The son of a Dutch farm labourer, William Troost didn’t have much money when he was growing up – which is why he speaks so highly of the scholarship he received to study engineering at the University of Toronto.
“Without that award, I probably couldn’t have gone to university,” Troost .
“So it had a tremendous impact on my life.”
Decades later, Troost – who founded Peel Plastics, an innovative Ontario packaging company – and his wife, Kathleen Troost, have sought to have a similar impact on current and future students by giving generously to the university, particularly to the Faculty of Applied Science & Engineering.
For his “outstanding service to the University, as a dedicated and transformative volunteer, mentor, and philanthropist,” U of T will recognize Troost on Wednesday with a Doctor of Laws, honoris causa.
Watch William Troost deliver his remarks:
Since 2005, Troost has served on the advisory board for the department of chemical engineering and applied chemistry – the same department where he earned his degree. He supported the construction of the Myhal Centre for Engineering Innovation & Entrepreneurship and helped establish the Institute for Leadership Education in Engineering (ILead), which launched in 2010. Built upon on a previous summer leadership program, the institute provides leadership learning and professional opportunities, industry outreach and leadership research.
In 2018, Troost’s $3-million gift to ILead allowed the institute “to dig deeper into complex research questions about engineering leadership in the workplace and the classroom, and reach out further to engineering leadership educators and engineering-intensive enterprises,” Doug Reeve, a professor of chemical engineering and ILead’s inaugural director told U of T Engineering News.
The donation was matched by the engineering faculty and, in recognition of the Troosts’ longstanding support, the institute was renamed the Troost Institute for Leadership Education in Engineering.
Kathleen and William Troost (photo by Lisa Sakulensky)
The Troosts contributed nearly $10 million to U of T’s engineering faculty during the Boundless campaign. That includes a $1 million gift for student support – endowed funds meant to generate annual scholarships – and the establishment of the J. Edgar McAllister Foundation-Troost Family Award for Engineering, named for the same award that once gave Troost the opportunity to study at U of T.
Troost told U of T he wanted to give other students the same leg up that he once received. It helped pave the way to a bachelor’s degree from U of T in 1967 and an MBA from the University of Western Ontario (now Western University) in 1975. He founded Peel Plastics in 1978, which has since grown into a vital regional employer.
“I was fortunate,” Troost told the Boundless campaign. “And whatever success I’ve had in business, I certainly wouldn’t have gotten there without that kind of financial support.”