Wexner giving $100M to Ohio State
Source: Biz Journals Posted By: Bailey C...5061 days ago
Limited Brands Inc. CEO Les Wexner is donating $100 million to Ohio State University, mostly to benefit the expansion of the OSU Medical Center, Columbus Business First reports.
The gift is the largest – by far – in university history. Wexner, also chairman of the university's board and a 1959 graduate, has asked fellow trustees to lead by example by soliciting donations.
The OSU Medical Center expansion, backed by a $2.5 billion fundraising campaign, had $22 million in hand, $14 million pledged....