UCLA’s Anderson School of Business has announced a $100 million gift from philanthropist Marion Anderson, whose late husband John Anderson is the school’s namesake.
Sixty million dollars of the gift will go towards an endowment supporting student fellowships, faculty research, and innovative program development, while the remaining $40 million will go towards the construction of a new building.
Judy Olian, Dean of UCLA Anderson and the John E. Anderson Chair in Management, said, “From student fellowships to faculty recruitment and retention, to innovative research programs and the state-of-the-art facilities that will house them, Marion Anderson has enabled our future and empowered us with her confidence in the path we are taking.”
Marion Anderson, chair of Topa Equities, is an active member of both the UCLA and broader Los Angeles communities. She is a member of the UCLA Anderson Board of Visitors executive committee and the Centennial Campaign for UCLA executive committee, as well as the Children’s Hospital Los Angeles board of trustees. An endowed professorship and a courtyard at UCLA Anderson are named in her honor.
This substantial gift (the largest in the school’s history) launches the Anderson School’s “Into the Next” campaign—a $300 million fundraising campaign that is part of UCLA’s broader $4.2 billion Centennial Campaign, set to culminate in 2019 with the university’s centennial. It brings the total donated by Marion Anderson and her late husband to $142 million.