A alumnus has donated $7 million to Boston University after the school launched its first comprehensive fund-raising campaign, according to a statement released by BU.
Frederick Pardee, class of 1954, has given nearly $20 million to the university over his lifetime, the statement said. A previous donation went to establish the Frederick S. Pardee Center for the Study of the Longer-Range Future in 2000.
“I was very appreciative of the fact that BU provided me with a scholarship,” Pardee said in the statement.“My time at BU would have been much more difficult had I had to work between classes.”
Pardee’s $7 million gift will help support the center’s activities, according to Jean Morrison, provost and chief academic officer.
Morrison said in the statement that the donation “expands the capacity of the center to support important reseach and scholarship in global studies. One of the critical aspects the Pardee Center focuses on is the human condition, and how we can work to improve the quality of the human condition. There are many places around the globe where the quality of people’s lives—with disease and famine—should not be acceptable in 2013.”
While at BU, Pardee studied at The School of Management. He later made his fortune while running an apartment building firm in Los Angeles.
“The gifts have also made Pardee’s name ubiquitous on campus, the statement said. “Beyond his namesake center and its named professorship, the School of Management library is named for him, as is a research fund. He also donated to a fund that paid for a global health conference.”
Glenn Vivian, director of planned giving at Development and Alumni Relations, said “that puts him on a list of some of our strongest supporters.”
In 2011, a Dubai-based entrepreneur Rajen Kilachand pledged $25 million to BU, the largest single donation in the college’s history.
Katherine Landergan can be reached at email@example.com. For campus news updates, follow her on Twitter @klandergan.
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