BUSINESS GIFT: Jon Huntsman announces the gift Monday to the College of Business in a ceremony in the TSC. / Photo by Riki Richards

By Riki Richards

December 4, 2007 | The Utah State University College of Business received nearly $26 million from Jon M. Huntsman Monday at a ceremony held in the Taggart Student Center.

This is the largest donation USU has ever received and the College of Business was renamed to the Jon M. Huntsman School of Business.

The gift will be split into two parts giving $25 million to the school of business and roughly $1 million to will go toward student scholarships.

The Dean of the new Huntsman School of Business, Douglas Anderson, said the gift could not have come at a better time.

"Jon and Karen Huntsman are investing in this school at a time when we have tremendous momentum and our relationship with them can only accelerate our progress.”

This is not the first gift that Huntsman has given to USU. He also funded the Huntsman Environmental Research Center, the David B. Haight Alumni Center and, earlier this year, he provided 13 scholarships, totaling $850,000, for Armenian students to attend USU for four years.

"Utah State University is a beautiful and most-unique academy for higher education in America," Huntsman said. "We shall provide every possible means to continue its growth toward a world-class institution."

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