Graduate Management News

July 2013

The Newsletter of the Graduate Management Admission Council

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Biz Buzz: From the Fundraising Desk

  • Western University’s Ivey Business School wrapped its Campaign for Leadership last month. Publicly launched in 2010, the campaign exceeded its C$200 million goal by C$6 million, making it the largest fundraising effort in the school’s 90-year history.

  • Auburn University’s business school has been renamed as the Raymond J. Harbert College of Business, in recognition of a US$40 million commitment from the school’s namesake. 

  • André Hoffmann has donated S$5 million to support the expansion of INSEAD’s Leadership Development Centre in Singapore.

  • Timothy P. Keenan has pledged US$1 million from the Keenan Family Foundation to support technology entrepreneurship and commercialization education at the Ohio State University Fisher College of Business.

  • The Craig School of Business at Missouri Western State University has benefited from a real-life example of asset appreciation. Steven L. Craig pledged US$5.5 million to the school in 2008 to establish the Craig School of Business. Most of the gift was in the form of shares of ownership in a shopping center in Oregon. When the sale of that shopping center was completed recently, the total value of Craig’s gift topped US$7.7 million, including US$2.5 million in distributions prior to the sale.

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