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In 2013, Hardgrave secured the then-largest donation in the history of Auburn University with a $40 million gift from Raymond J. Harbert. [3] The Harbert family followed that donation with a $15 million contribution three years later to help fund a new graduate business building, which was named Horton-Hardgrave Hall in honor of Hardgrave and ...
[6] [7] The donation helped fund professorial chairs, a doctoral program in finance, and the establishment of the Harbert Investments Center, a research center within the business school in conjunction with the Samuel Ginn College of Engineering. [7] It was the largest charitable contribution ever made to Auburn University. [6]
The National Association of College and University Business Officers (NACUBO) maintains information on endowments at U.S. higher education institutions by fiscal year (FY). [1] As of FY2023 [update] , the total endowment market value of U.S. institutions stood at $839.090 billion, with an average across all institutions of $1.215 billion and a ...
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In 1967, O.D. “Jack” Turner [2] was appointed the first dean of Auburn University's new School of Business, which was located in Thach and Tichenor Halls. During Turner's tenure, the teaching staff increased from 42 to 69, and the Business Advisory Council was established, which prepared the School of Business for entering the accreditation process.
He is a significant donor to the university, donating $12.5 million to a new culinary science center for the school in 2017. [10] Rane is also a prominent athletic booster for Auburn. He is the founder of the Jimmy Rane Foundation which has awarded over 600 scholarships since its establishment in 2000.