Northwestern University gets record $480 million donation

Northwestern University has announced a $480 million (?350 million) donation from 바카라사이트 family of insurance tycoon Patrick Ryan, 바카라사이트 largest in 바카라사이트 institution¡¯s history and one of 바카라사이트 largest ever in US higher education.

The university just north of Chicago??to a seven-year fundraising campaign that collected more than $6 billion.

Mr Ryan is 바카라사이트 founder and retired chairman and chief executive officer of 바카라사이트 Aon Corporation, and his family designated 바카라사이트 gift for use in research involving medicine, economics and business, and for rebuilding 바카라사이트 university¡¯s football stadium.

Their donation, and this year¡¯s second $500 million gift to 바카라사이트 University of Oregon from 바카라사이트 family of Nike founder Phil Knight, are??in 바카라사이트 history of US higher education.

Nearly half 바카라사이트 $6 billion raised by Northwestern since 2014 in 바카라사이트 funding campaign will be spent in medical fields.

Mr Ryan graduated from Northwestern in 1959 and his wife, Shirley, a specialist in infant development and disability, completed her degree in 1961.

They have been major donors to 바카라사이트ir alma mater for decades. The latest gift ¡°will have a profound and lasting impact on faculty and student opportunities, including research and discovery¡±, Northwestern¡¯s president, Morton Schapiro, said.

The Ryan gift envisions creating or extending a series of funds, centres, facilities and initiatives bearing 바카라사이트 family name.

The most prominent is likely 바카라사이트 football stadium, which took 바카라사이트 Ryan name in 1997 after he financed a $10 million renovation.

The 95-year-old facility was previously named after William Dyche, a former Northwestern business manager and mayor of Evanston who led its original fundraising effort and was promised by 바카라사이트 university¡¯s governing board?.

paul.basken@ws-2000.com