Connie and Steve Ballmer give UO $50 million

Originally Posted on Emerald Media via UWIRE

Connie and Steve Ballmer just gave the University of Oregon a $50 million gift as a part of the recent $2 billion capital campaign.

Connie is the head of the Presidential Search Committee and her husband, Steve Ballmer, is a former CEO of Microsoft and the current owner of the L.A. Clippers.

The Ballmers’ gift will go toward a $25 million endowment for Pathway Oregon students, adding new faculty to UO’s prevention science research program and telling the UO’s story through a new branding initiative.

“This gift will fundamentally change lives, creating a better future for countless Oregonians by providing access to educational opportunities at the UO,” Interim President Scott Coltrane said. “At the same time it will aid us in our fight against a health issue that plagues millions of children and adults. To say that we are grateful is an incredible understatement.”

The capital campaign raised $750 million in commitments so far, the Ballmers’ gift is considered the first significant gift of the capital campaign.

Read more here: http://dailyemerald.com/2014/11/12/connie-and-steve-ballmer-give-uo-50-million/
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