After a week or so of UVSC administrators refusing to comment, the details of the largest donation in the school's history was finally made official last Friday when it was announced that the School of Business has been renamed the Woodbury School of Business in recognition of the $20 million donation made by the Woodbury family.
UVSC gets $20 million gift
Donation by Woodburys given to business school
(Deseret Morning News, October 20 2007)
Funny that the Daily Herald, the paper that had actually scooped this story a week ago, didn't have an article about Friday's announcement. Perhaps the editors felt they didn't need to after getting right the first time.
No details were announced on how UVSC might use these new funds, which will be paid out of a trust for the next 10 years, but it makes sense that at least some of the money will be used to establish the MBA program they have been talking since being granted university status.
And no word yet if Arizona philanthropist Ira Fulton will match the Woodbury donation.
Monday, October 22, 2007
It's Official: Woodbury's give UVSC $20 million for Business School
Friday, October 12, 2007
School of Business to get new name and a load of money
While no one on campus is willing to go on record, it seems everyone is flapping their lips about a huge donation coming to UVSC's business school next week.
Large gift to UVSC's school of business
(Daily Herald, October 12 2007)
The Herald is reporting that the gift will be between $15-20 million, and come courtesy of the Woodbury family. As part of the donation the School of Business will change it's name, probably to something like the Woodbury School of Business. Again, no one on campus is being quoted on the particulars here, so we will probably have to wait until the official announcement on October 19.
The School of Business currently resides in the Woodbury Business Building on campus. No word yet if some of the donated money will be allocated to improving the aging structure, but the school's master plan does indicate eventual expansion.
The Woodbury's have also donated space at their University Mall for the Woodbury Art Museum.
No word if uber-philanthropist Ira Fulton will match this huge gift. The Arizona homebuilder has matched other major gifts this year, including Brent Brown's $1 million donation for the school's baseball facility, and just last week he matched the $1 million donation from Clyde Companies Inc.
