A $75 million gift from University of Notre Dame alumnus and Trustee John W. 'Jay' Jordan is the largest in the University’s history and makes him its most generous benefactor, with a giving total of $150 million.
Jordan’s latest gift, announced Friday during the University’s spring Board of Trustees meeting, will be directed toward the creation of a world-class research program in an area of science and technology.
The University says the funds can be used to recruit top faculty and students, provide laboratory supplies and equipment, support seed grants, create prototypes, and in other ways build and sustain a truly exceptional research and commercialization program.
“Words cannot begin to express our deep appreciation for a gift of truly historic proportions,” said Rev. John I. Jenkins, C.S.C., Notre Dame’s president.
“Jay has given of his time, talent and treasure for many years, and this is the latest example of his extraordinary generosity on every level. We have been and continue to be transformed by his unwavering support of his alma mater.”
Jordan is a co-founder of The Jordan Company, a private investment firm that acquires, manages and builds companies for The Jordan Company’s partnership account.
He formed the Chicago-based holding company Jordan Industries Inc. in 1988 and serves as its chair and chief executive officer.