Friday, September 11, 2009
Washburn University has received a gift of nearly $5 million, the largest single donation in the school's history.
Washburn president Jerry Farley announced Thursday that the donation from Richard Davidson with his wife, Trish, will be used to increase for faculty professorships and chairs in the business school.
Farley said the money qualifies for matching funds from the Kansas Partnership for Faculty of Distinction Program.
Davidson graduated from Washburn in 1966 and received an honorary doctorate from the university in 1994. He worked for railroads for 47 years, rising to chief executive officer of Union Pacific.
The couple now lives in Bonita Springs, Fla.