Other Naming Gifts to U.S. Business Schools
Prior to Stephen Ross’ gift to the Michigan Business School, the largest
gift to a university’s business school was
$62 million given by media mogul Frank Batten Sr. in 1999 to establish the Batten Institute at the Darden Graduate School of Business Administration at the University of Virginia. Earlier this year, Samuel S. Garvin gave $60 million to Thunderbird University, at that time, the largest gift ever received by a business school. Wall Street investor David Tepper gave $55 million to the Carnegie Mellon Graduate School of Industrial Administration. Investment firm founder W.P. Carey gave $50 million to Arizona State University in 2003, car dealer and pro sports owner Red McCombs gave $50 million to the University of Texas at Austin in 2000, and the Walton Family Charitable Support Foundation, created by the family of Wal-Mart founder Sam Walton, gave $50 million to the University of Arkansas in 1998.
For more about giving to the University Michigan Business School, visit The Michigan Business School Campaign.