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An Inspired Donation
Neil Bluhm, who graduated from Northwestern University School of Law in 1962, has given the institution a $15 million gift, the largest in its history. The gift was announced on December 17 and Neil Bluhm, who is the co-founder of JMB Realty Corp. in Chicago, reported in a statement that he was “inspired by the vision of Dean Daniel Rodriguez and his goals for the law school’s mission and future,” according to Bloomberg News. Bluhm co-founded JMB Realty in 1970 with college roommate Judd D. Malkin. The donation is part of a $25 million gift to the university. Neil Bluhm and the Bluhm Family Charitable Foundation announced a $25 million gift to Northwestern, of which $15 million is earmarked for the University’s School of Law.
Neil Bluhm has a long history of generosity towards Northwestern. Back in 1999 Neil Bluhm pledged around $7 million to the Neil G. Bluhm Fund, for the school’s clinical education program.
Northwestern University trustee, Bluhm’s gift will be spread among Northwestern Medicine, the Bluhm Cardiovascular Institute at Northwestern Memorial Hospital, the Bienen School of Music and the Holocaust Educational Foundation of Northwestern University. The school said in a statement that $6 million in unrestricted funds will be used to support need-based financial aid and initiatives of the school’s strategic plan. Neil Bluhm is ranked 222nd on the Forbes list of the richest people in the U.S.
Image Credit: www.bloomberg.com
An Inspired Donation by Jaan