The largest donation in Lipscomb University History has been announced – $23 Million.
Randy Lowry – Lipscomb University President the donnation will fund a portion of new business school at the Lipscomb University.
“This is a significant moment in the history of Lipscomb University,” Lowry said in the release. “We are grateful to the donors for their commitment to this institution. This gift is an investment in our College of Business as a way to continue to elevate the image of the school as a leader in business education in Nashville and in the nation.”
Announced Tuesday night during the university’s Imagine 2018 The Power of Telling Nashville’s Story. The donation represents the lead monetary contribution in an effort to create a new educational learning space for the Lipscomb University College of Business.
The school has long operated from the Swang Business Center which is celebrating 100 years of operations.
The donors have asked to remain anonymous.
The gift will be used to partially fund design (by Nashville-based Tuck-Hinton Architects) and construction of both the future building with parking, also providing student assistance, professors and programs, as well as global learning facilities in Florence, Italy.
The Lipscomb University College of Business has more than 600 undergraduate and graduate students. 16 undergraduate programs and four graduate programs. Highest job placement rate and thousands of alumni across thousands of business industries.
2018 College Factual ranked Lipscomb’s accounting program the number one accounting program in Tennessee for the second consecutive year and one of the top 50 programs in the nation.
The LU Department of Accounting also earned a ranking of 12th in the nation and No. 1 in the state for the second consecutive year for Best Accounting Programs for Veterans.
Ray Eldridge serves as dean of the LU College of Business and said the gift will help the entity “build on our strong momentum. It is exciting for our students and faculty to see how many people believe in our mission, and it also attracts attention from others who want to be part of what we’re doing,” he said.
In 2017 Lipscomb announced it had received a $15 million gift from George Shinn, former owner of the Charlotte/New Orleans Hornets, to support the LU College of Entertainment and the Arts. Fund a new events center and other critical initiatives.