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U.Va. Biz School Receives $50 Million Donation From Alum

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A University of Virginia Darden School of Business alumnus and his wife, also a U.Va. graduate, have added $50 million to an earlier gift of $44 million for the business school, which adds up to the largest donation in Darden’s 68-year history.

Philanthropists David and Kathleen LaCross made a $44 million donation in October 2022, at the time the school’s third largest donation, and that gift spurred $6 million in matching funds from the university. With last week’s $50 million addition, the gift is more than $107 million with matching funds from the university and is now the largest in the school’s 68 years, placing the LaCross family among the top five contributors to U.Va.’s $5 billion “Honor the Future” capital campaign, U.Va. said in a news release.

Read the full story on Virgina Business here.