Originally posted on Fox Sports Florida
By ASSOCIATED PRESS  |  Last updated 9/4/13
ANN ARBOR, Mich. (AP) -- New York real estate magnate and Miami Dolphins owner Stephen Ross is donating 200 million to the University of Michigan for its business school and athletics programs, the largest single donation to the school and among the most generous in higher education history. The money will be split between the Stephen M. Ross School of Business and University of Michigan Athletics, and raises Ross' total giving to his alma mater to more than 313 million, the Ann Arbor school said in a statement Wednesday. The Athletic Campus is expected to be named the Stephen M. Ross Athletic Campus. "Stephen Ross' vision has always been about the ability of facilities to transform the human experience," school President Mary Sue Coleman said in the statement. "He understands the power of well-conceived spaces, and his generosity will benefit generations of Michigan students, faculty and coaches." According to lists from The Chronicle of Higher Education and The Chronicle of Philanthropy, Ross' gift is the third biggest to a higher education facility in 2013. Earlier this year, it was announced that New York Mayor Michael Bloomberg would donate 350 million to Johns Hopkins University, and in July the A. Eugene Brockman Charitable Trust gave a 250 million donation to Centre College in Kentucky. Ross' 200 million donation is among the 30 single largest donations to a U.S. college or university, according to The Chronicle of Higher Education's list. In Michigan, specific projects will be announced in the coming months, the school said. In addition, scholarships will be available to Ross students. The Ross School of Business proposes to create new spaces for students to study, collaborate and connect with each other, faculty and potential employers. Classrooms will include advanced technology to support in-person and virtual collaboration. With the additional funding, University of Michigan Athletics plans to improve its campus to help athletes succeed on the playing field and in the classroom, improve its facilities and build sites to be a destination for local, state, national and international competitions. Ross earned his Bachelor of Business Administration degree in accounting from the University of Michigan Business School in 1962, a law degree from Wayne State University in Detroit and a master of law degree in taxation from New York University. "The University of Michigan had a profound impact on my life and I have received enormous satisfaction from being able to give back to the institution that played such a critical role in my success," Ross said. In 2004, Ross gave 100 million toward a new building and endowed operations for the business school, which was renamed in recognition of his gift. The building was completed in 2009. In other donations to University of Michigan Athletics, Ross gave a 5 million lead gift to create the Stephen M. Ross Academic Center, which provides study space. Additional past gifts include 5 million for the school's stadium expansion project and 50,000 to the College of Literature, Science, and the Arts for the Henry Pearce Endowed Scholarship, and scholarship support for student athletes.
MORE FROM YARDBARKER:
One Gotta Go: NFL legends bring the hate for our favorite football movies
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

The NFL is thinking about eliminating the preseason

Romo expected to miss 6-10 weeks with broken bone in back

Kaepernick explains why he is protesting national anthem

Dwyane Wade’s cousin shot and killed in Chicago

NFL tries to reduce kick returns, promptly causes more kick returns

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

San Francisco Giants inching closer to a record they really don’t want

Clint Dempsey undergoing testing for irregular heartbeat

Troubling details emerge from Jeremy Jeffress' DWI arrest

Chargers would welcome Joey Bosa if he signed contract

Falcons rookie Keanu Neal needs surgery on knee

Jerry Jones unhappy with Ezekiel Elliott's dispensary visit

Heading into the homestretch: 2016 ROY favorites

Premier League notebook: The love affair at Man U

One Gotta Go: NFL legends talking comedians is no joke

It's all about timing: The evolution of the clock in sports

Predicting the unpredictable: Your MTV VMAs rundown

10 great moments in the career of Roberto Duran

Marshall’s first impression of Fitzpatrick: ‘He was terrible’

One Gotta Go: NFL legends bring the hate for fast food

What you need to know about the Champions League draw

Six worst quarterback situations in the NFL

Can the San Francisco Giants bust their teamwide slump?

A look at 2016 college football conference changes

NFL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Premier League notebook: The love affair at Man U

Heading into the homestretch: 2016 ROY favorites

One Gotta Go: NFL legends talking comedians is no joke

It's all about timing: The evolution of the clock in sports

Predicting the unpredictable: Your MTV VMAs rundown

10 great moments in the career of Roberto Duran

The 20 best boxing movies of all time

One Gotta Go: NFL legends bring the hate for fast food

What you need to know about the Champions League draw

Can the San Francisco Giants bust their teamwide slump?

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker