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Kellogg Breaks Ground On $220 Million Hub

Kellogg School of Management's new global hub

Kellogg School of Management’s new global hub

“I am deeply grateful to the many donors, alumni and friends for their support which has enabled us to reach the halfway point so quickly — a milestone that exemplifies the strength and responsiveness for which the Kellogg community is known,” Dean Blount added. “The capital campaign is focused on enhancing our thought leadership to make Kellogg synonymous with new ways of thinking, transforming our educational mission to equip and inspire tomorrow’s leaders and deepening our global connectivity.”

Campaign contributions that have brought Kellogg to the halfway milestone:

  • The largest gift in Kellogg’s history: A bequest of $17 million from the estate of James R. Russell that supported the creation of the Russell Fellows Program. A lake-view lounge in the school’s new global hub will be named in memory of Helen D. Russell and James (Jim) R. Russell.
  • Early support of Chicago business and Kellogg campaign leaders, including W. James and Maxine Poole Farrell, Richard H. and Susan Lenny, T. Bondurant and Hollis S. French, William A. and Cathleen Osborn, Frederick H. and Catherine Waddell, Miles D. and Kimberly White and Ann M. Drake, as well as prominent alumni and their families, including Michael S. and Mary Sue Shannon, Jeffrey and Laura Ubben, Jerome P. and Carol Kenney and the Lavin Family, the Carlson Family, the Crown Family and the Gund Family.
  • Gifts from corporations, including Illinois Tool Works, The Northern Trust Company and The Abbott Fund, as well as support from leading Chicago philanthropists, including James and Sara Star, the Robert. R. McCormick Foundation and Lawrence F. and Carol Levy.
  • Contributions from supporters of the economics department include Herbert and Anne Gullquist and Venketrama Raja.

The school said that $60 million of the $350 million being raised will fund the school’s “educational mission,” which includes additional funding for student scholarships, while $40 million will go toward “thought leadership.” The vast majority of the funding–$220 million–will cover the cost of the new building.