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W&M receives $50M gift from alum for Batten School, VIMS
William & Mary alumnus Dr. R. Todd Stravitz has donated $50 million to the Williamsburg university to create a full-tuition scholarship fund for its new Batten School of Coastal & Marine Sciences and the Virginia Institute for Marine Science, W&M announced Thursday. This is W&M’s largest ever scholarship fund donation, it said in the announcement, […]
JMU receives $2.5M gift for new library wing
James Madison University has received a $2.5 million gift for the new wing of its Carrier Library. Alexandria residents Stan and Rosemary Jones provided the donation, which the Harrisonburg public university announced in late November. A 1954 physics and math alumnus of what was then Madison College, Stan worked for McLean-based Mitre as an engineer […]
U.Va. Wise receives largest ever donation
The University of Virginia’s College at Wise has received its largest ever donation, $11.2 million, from The Bill Gatton Foundation, the Wise County college announced Monday. The late Carol Martin “Bill” Gatton, a successful businessman who owned the Gatton Automotive Group with dealerships in Kentucky and Tennessee, made significant gifts to the University of Kentucky […]
Yagen makes $100M donation to Military Aviation Museum
Gerald “Jerry” Yagen, founder of the Aviation Institute of Maintenance and Centura College, has made a $100 million gift to Virginia Beach’s Military Aviation Museum, including his private collection of 70 vintage military aircraft, the museum announced last week. In the 1990s, Yagen began collecting aircraft from the first 50 years of aviation history, from […]
Taubmans give $25 million for Carilion cancer center
Carilion Clinic will soon break ground on a new building for an expanded cancer program thanks to a $25 million gift from a Star City family, the largest ever made to the nonprofit health care system. The gift from former Advance Auto Parts CEO Nicholas Taubman, also a past U.S. ambassador to Romania, and his […]
Top Five September 2024
The five most popular daily news stories on VirginiaBusiness.com from July 15 to Aug. 15 included news of Liberty University and Jerry Falwell Jr. resolving their legal disputes. 1 | Liberty, Falwell Jr. reach global settlement Liberty University and its former president and chancellor, Jerry Falwell Jr., reached a global resolution agreement settling […]
W&M gets $100 million boost for coastal research
Jane Batten, the matriarch of a Hampton Roads family known for philanthropy, pledged $100 million to William & Mary in July to boost coastal and marine science research toward finding global solutions for flooding and sea-level rise. The newly named Batten School of Coastal & Marine Sciences will expand the Virginia Institute of Marine Science […]
Inova raises $83M to match Schars’ $75M gift
Inova Health System has raised $83 million over the past year, surpassing the “Schar Challenge” issued by donors Dwight and Martha Schar when they made a $75 million matching gift to Inova in May 2023. The Schars’ most recent gift to support Inova’s heart and vascular services and the gifts to match it made by […]
George Mason receives $5M donation from Peterson Cos. family
The Peterson Family Foundation, the family behind the Peterson Cos. real estate development firm, donated $5 million to the George Mason University‘s Center for the Arts improvement project, the university announced Tuesday. The gift to the university’s College of Visual and Performing Arts will support modernization of the Concert Hall auditorium, part of George Mason’s Center [...]
Shenandoah University receives $20M gift from alumnus
A Shenandoah University alumnus and his wife have pledged $20 million to the university, the largest individual donation in the history of the Winchester school. Wilbur and Clare Dove’s gift, announced last month, will go toward the building of a performing and visual arts center on campus, according to the university. Wilbur Dove earned his junior […]
Hampden-Sydney College receives $20M pledge
Richmond-based Endeavour Legacy Foundation has pledged $20 million to Hampden-Sydney College, the second largest gift in the college’s history. The college will use the gift, announced Tuesday, toward renovating its former science center, Gilmer Hall, into an academic facility housing the economics and business, and government and foreign affairs departments. The two departments are currentl[...]
Inova receives $20M gift from Peterson Cos. family
Inova Health System has received a $20 million gift from the Peterson Family Foundation, the family behind the Peterson Cos. real estate development firm, the Falls Church-based health system announced Tuesday. The gift will be split, with $15 million dedicated to the Inova Life with Cancer program and $5 million to the expansion of Inova […]
