George Mason Law School gets $30 million gift, names itself after the late Justice Antonin Scalia
Here is the press release, and an article from the Wall Street Journal.
My understanding is that this is not an endowment, which would limit the law school to spending a small percentage of the gift each year indefinitely, but funds that will be disbursed over a period of years, substantially increasing the law school's budget for that period of time. Much of the money will be used for scholarships.
Congratulations are due to Dean Henry Butler for finalizing the largest gift in George Mason University's history, and great thanks are due to a generous anonymous donor, who gifted $20 million, to the Charles Koch Foundation, which donated $10 million, and to the Scalia family for allowing us to honor the late Justice in this way.