The College of San Diego Friday introduced it acquired a $50 million donation from USD Board Chairman Donald Knauss and his spouse, Ellie, to construct the Knauss Middle for Enterprise Training and identify The Knauss College of Enterprise.
The donation from the previous CEO of Clorox is likely one of the largest in USD’s historical past.
“That is our funding in educating moral and compassionate enterprise leaders — leaders who allow a free enterprise system that creates wealth on a good and equitable taking part in discipline,” stated Knauss. “With out the creation of wealth, no society can handle its most susceptible, carry the requirements of dwelling of its residents or make the investments wanted to protect this planet for future generations.”
The Knauss Middle for Enterprise Training is scheduled to open in Fall 2022. The brand new 120,000-square-foot constructing — along with the renovated Olin Corridor — will “create an incredible advanced that may greater than triple the scale of The Knauss College of Enterprise,” an announcement from the college learn.
Deliberate aspects of the constructing embrace the Free Enterprise Suite to assist seed pupil startups, the Pupil Success Middle, a manufacturing studio, “finance lab” and theatre.
“We consider that moral and compassionate management in enterprise or different fields is arguably probably the most highly effective drive in society,” stated USD President James T. Harris III. “At USD, we consider a values-driven training, coupled with a dedication to free enterprise, provides us the means to ship on our imaginative and prescient to look after and defend society for future generations.”
Don and Ellie Knauss are dad and mom of 4 youngsters, together with a 2011 USD graduate.
Metropolis Information Service contributed to this text.