MIT Sloan | Mr. Refinery Engineer
GMAT 700- will retake, GPA 3.87
Berkeley Haas | Ms. 10 Years Experience
GMAT To be taken, GPA 3.1
Stanford GSB | Mr. Singing Banking Lawyer
GMAT 720, GPA 110-point scale. Got 110/110 with honors
Yale | Ms. Social Impact AKS
GRE 315, GPA 7.56
Harvard | Mr. Political Consultant
GRE 337, GPA 3.85
Said Business School | Mr. Across The Pond
GMAT 680, GPA 2.8
Yale | Mr. Army Infantry Officer
GMAT 730, GPA 2.83
Wharton | Mr. Army & Consulting
GMAT 760, GPA 4.0
Berkeley Haas | Mr. 360 Consultant
GMAT 720, GPA 3.4
N U Singapore | Ms. Biomanager
GMAT 520, GPA 2.8
MIT Sloan | Mr. Low GPA Over Achiever
GMAT 700, GPA 2.5
Stanford GSB | Mr. Corp Finance
GMAT 740, GPA 3.75
Harvard | Mr. Improve Healthcare
GMAT 730, GPA 2.8
Berkeley Haas | Mr. Wake Up & Grind
GMAT 700, GPA 3.5
Darden | Mr. Fintech Nerd
GMAT 740, GPA 7.7/10
Stanford GSB | Mr. Minority Champ
GMAT 740, GPA 3.7
Darden | Mr. Senior Energy Engineer
GMAT 710, GPA 2.5
Harvard | Mr. Merchant Of Debt
GMAT 760, GPA 3.5 / 4.0 in Master 1 / 4.0 in Master 2
Stanford GSB | Mr. Indian Telecom ENG
GRE 340, GPA 3.56
Stanford GSB | Ms. East Africa Specialist
GMAT 690, GPA 3.34
Berkeley Haas | Mr. Hanging By A Thread
GMAT 710, GPA 3.8
Harvard | Mr. Nonprofit Social Entrepreneur
GMAT 740, GPA 3.7
Chicago Booth | Ms. Start-Up Entrepreneur
GRE 318 current; 324 intended, GPA 3.4
Duke Fuqua | Ms. Health Care Executive
GMAT 690, GPA 3.3
Harvard | Mr. Professional Boy Scout
GMAT 660, GPA 3.83
IU Kelley | Mr. Construction Manager
GRE 680, GPA 3.02
IU Kelley | Mr. Clinical Trial Ops
GMAT Waived, GPA 3.33

An Emotional Moment: A $100 Million Gift Over $5 Salads

Marion and John Anderson

Marion and John Anderson

‘THERE WAS A VERY PHYSICAL CONNECTION BETWEEN HIM AND THE UNIVERSITY’

Anderson smartly used his education. He passed his CPA exam while serving on the staff of a Navy admiral during World War II. When the war ended, he started work as an accountant with Arthur Andersen & Co., going to the Loyola University School of Law at nights to earn a law degree. He co-founded the Los Angeles law firm of Kindel & Anderson in 1953. Three years later, he launched what would become a business empire with the acquisition of a Hamm’s beer distributorship in downtown Los Angeles. At the time of his death from pneumonia. he had built privately owned Topa Equities Ltd. into a modern-day conglomerate with 33 subsidiaries involved in insurance, real estate, financial services, wholesale beverage distribution, automobile dealerships and manufacturing.

Through it all, he stayed close to the business school, grateful for the start it gave him. One of the Anderson’s sons, John E. Anderson, Jr., went to the business school and earned his MBA in the Class of 1977. So did their daughter-in-law, Doreen, who graduated in the same class.

“Almost until his last year (in 2011), he would walk five miles four times a week and their home is just a mile from here. He would weave his way through the town of Westwood and always come back through Anderson. He stopped to talk to students, and people would know who he was. So there was a very physical connection between him and the university.”

ONCE JOHN ANDERSON DIED, HIS WIDOW BECAME INCREASING INVOLVED WITH THE BUSINESS SCHOOL

When Anderson died, the business school issued a media release announcing his death. Until then, Marion had been involved in numerous community causes, says Olian, “but not the school because that was John’s thing. When he passed away, she became more and more involved at Anderson. She joined the board of visitors and the executive committee, and she became much more directly connected to the students and faculty.”

As a member of the school’s executive committee, Anderson also saw first hand the political opposition that emerged when Olian sought to make the full-time MBA program self-sustaining, a plan that would allow the school more financial freedom in exchange for giving up state funding. “She felt a compassion for this school and she went through the transition as i did to self-support,” says Olian. “She saw the need there.”

The two developed a close personal relationship. “She is totally grounded and humble,” adds Olian. “I am extremely close to her, and I adore her because she is so real and authentic. I think she feels trust, not just confidence in the school’s future but trust. To have such a remarkable person with great values get connected with the school and give a vote of confidence in it, that is an ideal relationship. I have always known that Marion is terribly connected to us and would want to make sure the school is on a footing where it can succeed. Our relationship is so much bigger than this.”

Largest Gifts To Business Schools

 

SchoolAmountDonorYear
Chicago’s Booth School of Business$300 millionDavid Booth1997
Michigan’s Ross School of Business$200 millionStephen Ross2004, 2013
Stanford Graduate School of Business$150 millionRobert & Dorothy King2011
UCLA Anderson School of Management$142 millionJohn & Marion Anderson1987, 2011, 2015
Carnegie Mellon’s Tepper School of Business$122 millionDavid Tepper2004, 2013
Stanford Graduate School of Business$105 millionPhilip Knight2006
UC-San Diego$100 millionErnest Rady2015
Columbia Business School$100 millionRonald Perelman2013
Columbia Business School$100 millionHenry Kravis2010
Cornell’s Johnson Graduate School$80 millionDavid Atkinson2010
Florida’s Warrington College of Business$75 millionAl & Judy Warrington2014
Hawaii’s Shidler College of Business$69 millionJay Shidler2014
Virginia’s Darden School of Business$62 millionFrank Batten1999
Northeastern’s D’Amore-McKim School$60 millionRichard D’Amore & Alan McKim2012
Thunderbird School of Management$60 millionSam & Rita Garvin2004
Boston University’s Questrom School$50 millionAllen & Kelli Questrom2015
Tennessee’s Haslam College of Business$50 millionJim Haslam & family2014
Georgia Tech’s Scheller College$50 millionErnest Scheller2012
Harvard Business School$50 millionTata Group2010
Yale School of Management$50 millionNed Evans2010
Arizona State’s Carey School of Business$50 millionWilliam Carey2003
Texas’ McCombs School of Business$50 millionRed McCombs2000
Arkansas’ Walton College of Business$50 millionThe Walton Family1998

Source: AACSB

DON’T MISS: UCLA BUSINESS SCHOOL GETS $100 MILLION GIFT or UCLA’S ANDERSON SCHOOL MORPHS INTO A SUPER-FRIENDLY TECH HUB

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.