San Diego State Receives $25 Million Endowment for College of Business

San Diego State Receives $25 Million Endowment for College of Business

has announced a $25 million matching endowment gift to its from San Diego Padres executive chair Ron Fowler and his wife, Alexis.

The largest gift in the university's history will fund scholarships and professorships, a lecture series, and international opportunities and expanded programming for students. New endowed programs will include the Fowler Scholars Program, the Fowler Professorships, the Fowler Lectureship Series, and the Fowler International Experience. The gift also will create an endowment for scholarship opportunities for student veterans and students who are exiting the foster care system. More than $2 million has been raised to date to match the gift, and the college has been renamed the Fowler College of Business Administration in recognition of the Fowlers' support over the years.

Alexis Fowler, a graduate of the college, and her husband have supported SDSU programs in the past focused on entrepreneurship and hospitality and tourism management, as well as student scholarships, alumni outreach, and athletics. The Fowler Athletics Center was named as a result of the Fowler Challenge, which raised more than $10 million for SDSU athletics.

"I think the business school needs a boost. And what does it need? It needs funds for scholarships. It needs money to help attract and retain quality faculty. And we're doing it in the form of a challenge," said Ron Fowler. "It's about being able to help future generations stand on the shoulders of others. And then people can stand on their shoulders to create a better world."

"SDSU's College of Business Receives $25 Million Endowment." San Diego State University Press Release 10/26/2016.