The University of Virginia Darden School of Business in Charlottesville has received a US$15 million gift from the Batten Foundation, which has unlocked a matching gift from UVA’s Bicentennial Fund. The resulting $30 million endowment will fund the Batten Foundation Darden Worldwide Scholarship program. By 2020, this program will provide all full-time MBA students at Darden scholarships that cover the cost of attending one of the school’s 14 faculty-led Darden Worldwide
courses. These courses send students overseas to study specialized topics, ranging from robotics in Germany to economic uncertainty in Argentina.
The University of Toronto’s Rotman School of Management in Ontario, Canada, has received a US$6 million gift from the Rotman family. The gift provides funding for three new faculty chairs or professorships in the areas of health economics, policy, and evaluation; life sciences commercialization; and artificial intelligence in healthcare. In honor of the gift, the school’s Centre for Health Sector Strategy will be renamed the Sandra Rotman Centre for Health Sector Strategy at the University of Toronto.
The Gies College of Business at the University of Illinois in Urbana–Champaign has received a US$5 million commitment from Bruce N. Barron and The REAM Foundation to support the college’s Academy for Entrepreneurial Leadership. In recognition, the academy will be renamed the Origin Ventures Academy for Entrepreneurial Leadership.
Barron is a co-founder of venture capital firm Origin Ventures; his co-founder, Steven Miller, is vice president of The REAM Foundation, which supports children in educational and cultural endeavors.