NOTRE DAME – The University of Notre Dame has been given the largest financial gift in the school's history – $75 million.
The university announced on Friday morning, May 2, that alumnus and trustee John "Jay" Jordan had provided the funds. The gift brings Jordan's total financial contributions to the university to $150 million, making him the school's most generous benefactor to date.
Notre Dame's website said the money will be used to fund a world-class science and technology research program. Jordan's contributions will be spent on laboratory equipment, seed grants, the creation of prototypes and the recruitment of faculty and students, Notre Dame's website said.
Jordan is the co-founder of The Jordan Company, a private investment firm. He also formed Chicago-based Jordan Industries Inc.
For more information on the gift and how it will be used, visit Notre Dame's website.