The has announced a $25 million gift from alumnus John E. Anderson and his wife, Marion.
The largest gift in the school's seventy-five-year history will support innovative academic programs, student financial aid, and faculty research. It will also enable the school to invest in various strategic initiatives, including research that advances management thinking and practice, curriculum initiatives that prepare students to become global leaders, and student support that attracts talented international candidates.
With the gift, the Andersons have now given a total of nearly $42 million to the school. In recognition of their first gift, the school was named the John E. Anderson Graduate School of Management at UCLA in 1987.
Anderson — president and founder of Topa Equities Ltd, which oversees more than forty-two businesses in a broad range of industries — received a bachelor's degree in business administration from UCLA in 1940; his sons, William and John Jr., completed JD and MBA degrees, respectively, at the university; and his daughter, Judy Munzig, serves on the board of the school's .
"I was very lucky to come to UCLA on a scholarship, and I've never forgotten that," said John Anderson, Sr. "The lessons and values I learned while attending UCLA shaped my thinking throughout my business and community life and helped build my business reputation. Giving back to the school is my way of enabling future generations to have the kind of opportunities that UCLA offered me. It is simply doing the right thing."