New Middle for Enterprise Schooling coming to USD with $50M Knauss donation

SAN DIEGO (CNS) – 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 Schooling and identify The Knauss Faculty of Enterprise.

The donation from the previous CEO of Clorox is among 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 deal with its most weak, raise the requirements of dwelling of its residents or make the investments wanted to protect this planet for future generations.”

The Knauss Middle for Enterprise Schooling 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 complicated that may greater than triple the scale of The Knauss Faculty of Enterprise,” a press release from the college learn.

Deliberate sides of the constructing embrace the Free Enterprise Suite to assist seed pupil startups, the Scholar Success Middle, a manufacturing studio, “finance lab” and theatre.

“We imagine 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 imagine a values-driven schooling, coupled with a dedication to free enterprise, provides us the means to ship on our imaginative and prescient to look after and shield society for future generations.”

Don and Ellie Knauss are mother and father of 4 kids, together with a 2011 USD graduate.

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