NU SCHOOL OF BUSINESS RECEIVES $60 MILLION GIFT

9/2012

Two Northeastern University alumni—Richard D’Amore, BA’76, and Alan McKim, MBA’88—have joined forces to make the largest philanthropic investment in the university’s history. As a result of their combined $60 million gift, Northeastern’s College of Business Administration will become the D’Amore-McKim School of Business. It will be the first college or school to be named at Northeastern.

“Once in a generation, history is made in the life of a university. This is one of those moments,” said Northeastern President Joseph E. Aoun. “This unprecedented investment will allow our School of Business to build on its strength in global entrepreneurial programs and make a quantum leap forward. It will also galvanize our community and allow us to set our collective sights even higher.”

D’Amore is a co-founder and general partner at North Bridge Venture Partners, a venture capital firm based in Waltham, Mass. McKim is the founder and CEO of Clean Harbors, the nation’s leading provider of environmental, energy and industrial services.

The D’Amore-McKim School of Business will join other top business schools named for visionary benefactors. The record-breaking gift will have profound and lasting impacts across every dimension of business education and research. It is the fourth-largest gift to name a business school in the United States.

“Northeastern has had a huge impact on me—both personally and professionally,” said D’Amore. “I believe in making investments in winning institutions. Northeastern has remarkable momentum today, and under the leadership of President Aoun, I know this is a great investment. I hope that what Alan and I are doing will inspire others to do the same.”

“Celebration” photo courtesy of Brooks Canaday/Northeastern University