{"id":1004083088,"date":"2013-09-04T08:20:08","date_gmt":"2013-09-04T16:20:08","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=175474"},"modified":"2022-12-06T08:24:14","modified_gmt":"2022-12-06T16:24:14","slug":"relateds-stephen-ross-pledges-200-million-to-university-of-michigan","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/relateds-stephen-ross-pledges-200-million-to-university-of-michigan\/","title":{"rendered":"Related\u2019s Stephen Ross Pledges $200 Million to University of Michigan"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Veronica Grecu, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\">Stephen Ross, the founder and chairman of real estate development firm Related Companies and owner of the Miami Dolphins, made a historic $200 million donation to the Ann Arbor-based University of Michigan\u2014the largest single gift the university has received since it was established in 1817.<a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/09\/Stephen-Ross.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-175566\" title=\"Stephen Ross\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/09\/Stephen-Ross.jpg\" alt=\"\" width=\"300\" height=\"300\" \/><\/a><\/p>\n<p style=\"text-align: justify\">The $200 million gift will be split in two between the university\u2019s athletic department and the Business School, which was named for Ross in 2004 when the real estate tycoon donated $100 million to the school. Ross, an alumnus, has also agreed to serve as the chair of the University\u2019s Victors for Michigan Campaign that will start on November 8.<\/p>\n<p style=\"text-align: justify\">According to a press statement, the donation is meant to improve the academic and athletic experience for the nearly 6,000 students who are enrolled at the U-M Stephen M. Ross School of Business and the university\u2019s 900-plus student athletes.<\/p>\n<p style=\"text-align: justify\">The $100 million donation for the School of Business will be used for:<\/p>\n<p style=\"text-align: justify\">\u00a0\u00a0\u00a0\u00a0 \u2022 New spaces for students to study, collaborate and connect with each other, faculty and potential employers.<\/p>\n<p style=\"text-align: justify\">\u00a0\u00a0\u00a0\u00a0 \u2022 A state-of-the-art career services space and recruiting center that will connect students and companies.<\/p>\n<p style=\"text-align: justify\">\u00a0\u00a0\u00a0\u00a0 \u2022 New admission spaces and career services for students.<\/p>\n<p style=\"text-align: justify\">\u00a0\u00a0\u00a0\u00a0 \u2022 Practice-oriented research space for faculty staff, students and corporate partners.<\/p>\n<p style=\"text-align: justify\">\u00a0\u00a0\u00a0\u00a0 \u2022 Advanced technology and innovative design for classrooms to support and improve in-person and virtual collaboration.<\/p>\n<p style=\"text-align: justify\">\u00a0\u00a0\u00a0\u00a0 \u2022 Scholarships for Ross students.<\/p>\n<p style=\"text-align: justify\">The remaining funds going to the Stephen M. Ross Athletic Campus will be spent on:<\/p>\n<p style=\"text-align: justify\">\u00a0\u00a0\u00a0\u00a0 \u2022 Providing student-athletes on the university\u2019s 31 teams with all the necessary resources.<\/p>\n<p style=\"text-align: justify\">\u00a0\u00a0\u00a0\u00a0 \u2022 Creating new athletic facilities that will foster community, identity and tradition for the teams.<\/p>\n<p style=\"text-align: justify\">\u00a0\u00a0\u00a0\u00a0 \u2022 Develop separate facilities to help student-athletes develop skills for success after athletics.<\/p>\n<p style=\"text-align: justify\">\u00a0\u00a0\u00a0\u00a0 \u2022 Build athletic facilities for local, state, national and international competitions.<\/p>\n<p style=\"text-align: justify\"><em>Image courtesy of University of Michigan<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stephen Ross, the founder and chairman of real estate development firm Related Companies and owner of the Miami Dolphins, made a historic $200 million donation to the University of Michigan&mdash;the largest single gift the university received since it was established in 1817.<\/p>\n","protected":false},"author":258,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1495,21742],"tags":[1815],"class_list":["post-1004083088","post","type-post","status-publish","format-standard","hentry","category-detroit","category-latest","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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