Graduate Management News

February 2014

The Newsletter of the Graduate Management Admission Council

From the Fundraising Desk


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  • The Mulva Family Foundation has made a US$60 million multiyear pledge to the University of Texas at Austin to support the McCombs School of Business and the Cockrell School of Engineering. Of the gift, US$40 million will be used to renovate the Graduate School of Business and College of Business Administration buildings, pending approval. The buildings will collectively be renamed the James J. and Miriam B. Mulva Hall. 
  • John Smith and family have donated US$10 million to the Samuel Curtis Johnson Graduate School of Management at Cornell University to found the John and Dyan Smith Family Business Initiative. 
  • A US$5 million gift from the Dyson Foundation will support the founding faculty chair for the new MBA program at Cornell NYC Tech, offered by Cornell University’s Samuel Curtis Johnson Graduate School of Management. 
  • A US$5 million gift from the Brittingham Family Foundation will name the USC Marshall School of Business’ Society and Business Lab and expand the reach of its programs, the University of Southern California and USC Marshall have announced. 
  • With a US$1.5 million endowment from the Celia Lipton Farris and Victor W. Farris Foundation and a matching gift from an anonymous donor, Rutgers Business School has created the George F. Farris Chair in Entrepreneurship. 
  • Honoring businessman Wayne Chiu, who recently gave the college C$3 million, Bow Valley College has named its business school the Chiu School of Business. 
  • Kent and Missy McCarthy have announced a commitment to give US$1.25 million toward the new School of Business building at the University of Kansas
  • Ernst & Young LLP has pledged US$1.1 million to the Wisconsin School of Business at the University of Wisconsin-Madison.