The University of Dallas recently announced a $12 million gift to the College of Business from entrepreneurs and alumni Satish and Yasmin Gupta.
The gift, which is the largest in the university's history, will go towards the construction of a new academic building for the College of Business, and has also led to renaming the business school after the couple.
University president Thomas Keefe said, "The Guptas set a tremendous example for our business students both in the drive and ingenuity they personify as entrepreneurs, and in their commitment to philanthropy and social responsibility."
Satish Gupta is quoted in the school's press release explaining the reasoning behind the gift, "The University of Dallas inspired not only our careers, but our lives, and we hope this new College of Business will inspire business students who come to UD from all over the world." said Satish Gupta. Yasmin Gupta added, "Our dream is for the College of Business to become a global meeting ground for diversity and understanding among all cultures. We hope it empowers students to become leaders who go forth into the world and build stronger communities."
The release also explains that Satish Gupta founded SB International, Inc., while a graduate student at the institution. The Guptas have grown the privately-held global steel company over the past 30 years into a "global supplier of prime steel and metal products, and one of the largest international suppliers and processors of pipe and tubing for oil and gas drilling." The Guptas, the release explains, have a long history of philanthropic support in the Dallas/Ft. Worth area in addition to that given to their alma mater.
The University of Dallas is recommended in The Newman Guide for its strong Catholic identity.
Catholic Education Daily is an online publication of The Cardinal Newman Society. Click here for email updates and free online membership with The Cardinal Newman Society.