Graduate Management News

December 2013

The Newsletter of the Graduate Management Admission Council

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From the Fundraising Desk

  • Carnegie Mellon University has announced a US$67 million gift from the charitable foundation of David A. Tepper to create an academic hub on CMU’s Pittsburgh campus that will house the university’s Tepper School of Business.

  • William M. Cockrum has donated US$5 million to establish an endowment to support the UCLA Anderson School of Management and its Harold and Pauline Price Center for Entrepreneurial Studies. Of the gift, US$4 million will support fellowships for entrepreneurial MBA students and US$1 million will help fund fellowships for finance students in UCLA Anderson’s MBA program.

  • The Hong Kong University of Science and Technology (HKUST) has received HK$20 million from the Li Ka Shing Foundation to support university initiatives to nurture globally aware and creative young leaders, including international research opportunities, entrepreneurship, and community engagement.

  • Baylor University has received US$2.5 million from the Paul and Jane Meyer Family Foundation to establish the Paul and Jane Meyer Conference Center within the Paul L. Foster Campus for Business and Innovation. Baylor has also received US$1.5 million from Paul and Carol McClinton for an auditorium on the campus, and a US$1 million naming gift from Steve and Penny Carlile for a plaza in the facility.

  • John Montalbano has given C$2 million to the Sauder School of Business at the University of British Columbia to help create a professorship focused on the advancement of women and diversity in business leadership.

  • To celebrate the career of retiring Ontario Teachers’ Pension Plan President and CEO Jim Leech, his friends and colleagues have contributed C$1.75 million toward a scholarship for MBA students at Queen’s School of Business.

  • Jay Westman has donated C$5 million to establish a center for real estate studies at the University of Calgary’s Haskayne School of Business.

  • Lilly Endowment Inc. has awarded the University of Saint Francis US$1 million to start a bachelor-level risk management insurance degree.

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