The at the University of Southern California has announced a $10 million gift from its board of councilors as part of a $115 million fundraising effort within the $6 billion .
The gift will be added to the endowment of the 115-year-old school and will be used for student scholarships, faculty recruitment and retention, and facilities improvements and expansion. Believed to be one of the largest on record for any dental institution in the country, the school's fundraising initiative seeks to raise, by 2018, when the USC campaign is expected to end, $1 million for each year the dental school has been open.
"Since its founding in 1897, the Ostrow School of Dentistry of USC has produced the majority of dental professionals in Southern California, contributing greatly to the health and well-being of people throughout this region," said USC president C.L. Max Nikias. "The school's new fundraising initiative...will play a vital role in the success of the overall campaign for USC."