Dive Summary:
- The University of Michigan's business school and athletic programs received a $200 million donation from high-profile alum Stephen Ross, New York real estate mogul and owner of the Miami Dolphins.
- Ross' donation, the single largest in the school's history, will go equally to the Stephen M. Ross School of Business and University of Michigan Athletics, and it's likely that the Athletic Campus will be named the Stephen M. Ross Athletic Campus.
- Ross has donated more than $313 million to his alma mater, and lists from The Chronicle of Higher Education and The Chronicle of Philanthropy place it as the third largest gift to a higher ed institution this year.
From the article:
... The Ross School of Business proposes to create new spaces for students to study, collaborate and connect with each other, faculty and potential employers. Classrooms will include advanced technology to support in-person and virtual collaboration.
With the additional funding, University of Michigan Athletics plans to improve its campus to help athletes succeed on the playing field and in the classroom, improve its facilities and build sites to be a destination for local, state, national and international competitions. ...