GAINESVILLE (CBSMiami/AP) — The University of Florida is celebrating a history making donation to the school.
University of Florida alumnus Al Warrington IV and his wife, Judy, have committed $75 million to the school.
The Warringtons announced their commitment last week. University officials say it’s the largest donation in the school’s history and makes Warrington, for whom the university’s business college is named, UF’s first $100 million donor.
The Warringtons’ latest gift will increase an endowment for business professors that supports curriculum development, research agendas and other activities that contribute to world-class research and teaching.
Warrington graduated from UF in 1958. He spent the next 30 years with the accounting firm Arthur Andersen & Co. He left the firm in 1989 to create the Houston-based environmental company Sanifill Inc., which went on to merge with several other companies to become Waste Management Inc.
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