The has announced a $30 million gift from the to provide on-campus housing and an exclusive community for freshmen honors students.
Thomas and Dorothy Leavey Foundation Honors Hall will integrate the university's undergraduate scholarship and honors programs to create a community for exceptional scholars, including living space for as many as six hundred students and an exclusive program of academic, cultural, and social activities. Students also will receive regular mentoring from top university faculty as well as local and international leaders. The new building will be located in , which is scheduled to open in 2017 and will include four other residential colleges.
The gift will count toward USC's $6 billion capital campaign, which has raised $3.5 billion to date. Chaired by USC trustee Kathleen Leavey McCarthy ('57), the foundation also has provided the lead gifts for Leavey Library and McCarthy Quad, made contributions to various scholarship endowments, and established USC's first trustee chair in memory of McCarthy's late husband, alumnus J. Thomas McCarthy ('53, LLB '56). The foundation was established in 1952 by Kathleen McCarthy's father, Farmers Insurance co-founder Thomas Leavey, and his wife, Dorothy.
"USC's residential colleges provide supportive communities and contribute immensely to students' academic and personal development," said Ainsley Carry, USC’s vice provost for student affairs. "Leavey Honors Hall and McCarthy Honors College will nurture these outstanding young scholars and inspire them to reach their full potential."