360° Coverage : Indian American couple gifts $12 mn to US varsity

Indian American couple gifts $12 mn to US varsity

Washington, Oct 31 (IANS) An Indian-American entrepreneur couple has gifted $12 million to the University of Dallas, the single largest donation in the university's 57-year history, to fund construction of a new academic building.

Oct 31 2013, 9:42am CDT | by IANS

Indian American couple gifts $12 mn to US varsity
Photo Credit: , Getty Images

Washington, Oct 31 — An Indian-American entrepreneur couple has gifted $12 million to the University of Dallas, the single largest donation in the university's 57-year history, to fund construction of a new academic building.

The new building, slated to open in the autumn of 2015, will house the Satish & Yasmin Gupta College of Business named after the donors who are both graduates of the university's MBA programme.

"The University of Dallas inspired not only our careers, but our lives, and we hope this new College of Business will inspire business students who come to UD from all over the world," said Satish Gupta.

"Our dream is for the College of Business to become a global meeting ground for diversity and understanding among all cultures," said Yasmin Gupta.

"We hope it empowers students to become leaders who go forth into the world and build stronger communities."

"We are indebted to the University of Dallas," Gupta told Dallas News. "This was a new home for us. It was a tremendous moment in our life coming from India to a different country. But the university embraced us so well. My wife and I have wonderful memories attached to the university."

In 1981, while still a business graduate student at the university, Satish Gupta founded SB International, Inc., a privately-held global steel company headquartered in Dallas. Gupta serves as president and CEO of the company, and his wife is executive vice president.

"The Guptas set a tremendous example for our business students both in the drive and ingenuity they personify as entrepreneurs, and in their commitment to philanthropy and social responsibility," said university president Thomas W. Keefe.

The Guptas, who live in Dallas, are involved in various business and community efforts across North Texas, particularly among the Indian community. Satish Gupta started the area's popular Diwali event to celebrate the Indian festival of lights.

IANS

Source: IANS

 
 
 

blog comments powered by Disqus

Latest stories

Meet the Three Americans that Stopped a Terrorist on a French Train
Meet the Three Americans that Stopped a Terrorist on a French Train
Three American dudes on a trip to Europe take down a terrorist on a train. Beat that vacation story.
 
 
Donald Trump Uninvited from Red State
Donald Trump Uninvited from Red State
Some more bad news just came in for GOP frontrunner Donald Trump: the candidate for president is making even more enemies than he had before. Donald Trump has basically been fired from speaking at a conference by Erick...
 
 
Obama Announces Biggest Ever Plan to Tackle Climate Change
Obama Announces Biggest Ever Plan to Tackle Climate Change
President Obama’s plan to tackle climate change is a foolproof method for the future.
 
 
Osama Bin Laden's Extended Family Members Die in UK Plane Crash
Osama Bin Laden's Extended Family Members Die in UK Plane Crash
Osama Bin Laden's extended family members died. The tragedy took place at Blackbushe Airport.