KALAMAZOO — Representatives from Western Michigan University announced on Tuesday that the school has received the largest private gift ever bestowed on a public university.
With the Empowering Futures Gift, anonymous donors will provide $550 million to the Kalamazoo school over the course of 10 years. Administrators expect the first round of funds to be available for the next fiscal year.
School administrators announced the gift at a Tuesday press conference, outlining that $300 million would be provided to the Western Michigan University Homer Stryker M.D. School of Medicine (WMed) while $200 million will go to the university for various initiatives, including need-based financial aid. The additional $50 million was awarded to the WMU athletics program.