$56 Million Gift from Jack MacDonald Contributes to Record Year for the University of Washington
Jack MacDonald's ('40) $56 million bequest to the University of Washington School of Law contributed to a record-breaking year for the University of Washington. Donors gave more money to the UW in the 2013-14 fiscal year than any previous year in its history, surpassing its previous fundraising record by nearly $144 million. A total of $482,452,318 in private support was given by more than 100,000 donors.
"Thanks to Jack’s unprecedented generosity, both the UW and UW Law had their best fundraising years ever and we're on course to be able to dramatically expand our programs and scholarships for generations to come," said Dean Kellye Testy.
MacDonald's gift made history as the largest ever in the school's 114 years, as well as the largest ever estate gift to the UW. The annual income from MacDonald's trust will support student scholarships, faculty excellence, and investment in innovative programs that will enhance students' education and professional opportunities. The trust also provides support for the immediate establishment of the Jack MacDonald Endowed Chair in Law, which will add to the ranks of the school's distinguished faculty.
"The amount of private support the UW received this past year is a strong testament to the commitment that our donors -- and the community -- have to this institution and particularly the work our faculty do to make it such an extraordinary place,” said UW President Michael K. Young in his announcement of the fundraising record to the Board of Regents. "The generosity of gifts — at every level — will have a tremendous impact on the success of our students, faculty, and programs across the entire university, programs that improve lives here in the state of Washington and around the globe."