Graduate Management News

October 2012

The Newsletter of the Graduate Management Admission Council

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From the Fundraising Desk

Following a gift of US$60 million from alumni Richard D’Amore and Alan McKim, Northeastern University has renamed its former College of Business Administration as the D’Amore-McKim School of Business.

An anonymous donor has pledged US$25 million to Columbia Business School. One of the largest gifts ever made to the school, the donation will help fund construction of a building and the school’s program on social enterprise.

The Wharton School of the University of Pennsylvania has received contributions totaling US$11 million from alumni Marc J. Rowan, Marc A. Spilker, and Diane Isaacs Spilker to establish the Wharton Public Policy Initiative, which will link the study and practice of public policy and business from locations in Philadelphia and Washington, DC.

The A.P. Møller Foundation has pledged DKK40 million (US$7 million) to endow a professorship in entrepreneurship at Copenhagen Business School.

The Bertram L. and Iris S. Wolstein Foundation recently committed US$3.4 million to the Fisher College of Business at Ohio State University.

The University of Delaware has received a US$3 million commitment from alumnus Charles W. Horn and his wife, Patricia. The gift will be used to create an interdisciplinary center for entrepreneurship in the Alfred Lerner College of Business and Economics.

Lasse Heje Pedersen and Poul Fritz Kjær, professors at Copenhagen Business School, have won grants totaling more than €2 million from the European Research Council for projects in economics and sociology.

Nordea, SEB, and Swedbank have donated €1.8 million to support scholarships for students at SSE Riga, the Stockholm School of Economics’ branch in the Latvian capital.

The Anschutz Foundation has committed US$2 million to launch an undergraduate business minor and a business honors program at the Leeds School of Business at the University of Colorado Boulder.

University of Texas at Austin alumnus and El Paso, Texas native Woody L. Hunt has pledged a US$1 million challenge grant to the business honors program at UT’s McCombs School of Business to help the program attract more top students from his home region.

Following a gift of US$4 million from the Judd Leighton Foundation, Inc., the Indiana University South Bend School of Business and Economics has been named the Judd Leighton School of Business and Economics.

Delmar Lienemann Sr., Nebraska’s oldest active certified public accountant at age 92, has established a US$1 million endowed chair in accounting at the University of Nebraska-Lincoln.

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