Law Students

UVA Law School Receives $44 Million Gift
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

UVA LAw

Summary: The University of Virginia Law School will receive $44 from Bruce and Martha Karsh and the university’s board of visitors.

The University of Virginia Law School is about to receive its largest donation in the school’s history. Bruce Karsh, of Oaktree Capital Management, and his wife Martha announced their intention to donate $25 million to the law school over the next four year period. The university’s board of visitors are providing the addition $18.9 million in the Karsh’s name through matching funds, according to a school press release.

  
What
Where


The couple first met at the University of Virginia Law School when they were law students. He graduated in 1980 while Martha graduated the year after. The donation was announced during a university dinner on May 10. The $25 million will be paid to the school in increments until 2022, as stated by the Los Angeles Business Journal.

Their donation will be used to establish a Karsh Center for Law and Democracy. The center will use interdisciplinary programming to fund professor posts associated with the center and to further support an existing scholarship program.

Karsh is the co-founder, co-chairman, and chief investment officer of Oaktree, which ranks as No. 38 with a net worth of $1.9 billion on the LABJ Wealthiest Angelenos list. The couple had donated to the law school on other occasions. This latest gift will put their combined donations over $50 million. They have donated to other educational institutions as well for a total of over $250 million donated.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




The University of Virginia Law School is the second-oldest continuously operating law school in the country. The university was founded in 1819 by Thomas Jefferson. The law school has been a part of the institution from the very beginning.

Do you think law schools rely on donations too much? Share your thoughts with us in the comments below.



To learn more about the University of Virginia Law School, read these articles:

Photo: commons.wikimedia.org



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Business Litigation Attorney

USA-CA-Santa Monica

Santa Monica office of our client seeks business litigation attorney with 1-3 years of experience. T...

Apply Now

Intellectual Property Litigation / Enforcement Associate Attorney

USA-CA-San Francisco

San Francisco office of our client seeks intellectual property litigation / enforcement associate at...

Apply Now

Corporate Attorney

USA-CA-Menlo Park

Menlo Park office of sophisticated boutique firm is seeking a corporate attorney with experience in ...

Apply Now

Mid-level Computer Science Patent Attorney

USA-CA-San Francisco

San Francisco office of our client seeks mid-level patent attorney with 3-5 years of intellectual pr...

Apply Now

RELEVANT JOBS

Corporate / Commercial Attorney | Lebanon, NH

USA-NH-Lebanon

Downs Rachlin Martin PLLC seeks an experienced corporate / commercial attorney to join its Lebanon o...

Apply now

Executive Assistant / Office Administrator

USA-TX-Rosenberg

If you have administrative support experience in the legal industry, or even paralegal expertise,...

Apply now

Associate - Mid-Level - GL Group

USA-NY-Valhalla

Defense firm seeking mid-level associate for Westchester office to fill General Liability position. ...

Apply now

Litigation paralegal

USA-TX-Dallas

We are looking to immediately hire a responsible, highly organized, self-motivated litigation parale...

Apply now

SEARCH IN ARCHIVE

To Top