The Marshall School of Business at the University of Southern California (USC) last week launched a campaign to raise $400 million, funds that will support student scholarships, faculty research and teaching, capital projects and more, the school announced.
Marshall kicked off the initiative with a gala event on May 8th, drawing 300 donors, faculty, students and others to Warner Bros. Studio. Marshall’s mission is grand, USC Marshall Dean James Ellis told the assembled guests. “We are altering the business landscape across Southern California and beyond,” he said.
Speaking to Poets&Quants last week, Ellis shared that $200 million of the money raised will go toward student scholarships. “With all the tuition increases and rises in student debt, we want to make sure we can get the best students and then insure that they don’t walk out of here with huge debt loads,” he told P&Q. Another $100 million will support construction of a fifth business school building, which will house undergraduate classrooms, and upgrades to the existing four buildings. The remaining $100 million will support the addition of new endowed chairs for faculty and other programming. Ellis told P&Q that Marshall has already raised almost half of the $400 million goal.
Marshall’s fundraising initiative is part of a multi-year effort by USC to raise $6 billion or more in private philanthropy to advance the university’s academic priorities and expand its impact both within its Southern California community and around the globe.
Learn more about Marshall’s $400 million fundraising campaign.
