Ear­lier this month, North­eastern announced that two alumni—Richard D’Amore, BA’76, and Alan McKim, MBA’88—gave a $60 mil­lion gift to the uni­ver­sity. We asked Diane MacGillivray, senior vice pres­i­dent for Uni­ver­sity Advance­ment, to dis­cuss the gift’s enor­mous impact, including the renaming of Northeastern’s Col­lege of Busi­ness Admin­is­tra­tion to the D’Amore-McKim School of Busi­ness.

How is North­eastern already seeing the impact of the D’Amore–McKim gift to name the school of busi­ness?
Within hours of announcing the gift, alumni, par­ents and friends from all over the world were con­tacting us with won­derful mes­sages about the pride they feel in the school, and expressing their interest to get more involved, both as vol­un­teers and donors. Stu­dents from our North­eastern Fund Call Center con­tinue to receive ter­rific feed­back from alumni on the phone. We’ve had sev­eral par­ents con­tact us about sup­porting the school, and there are new inquiries from alumni inter­ested in set­ting up a planned gift and other phil­an­thropic vehi­cles to build on Rich and Alan’s support.

Why do you think so many people are taking an interest in this gift?
This is a his­toric invest­ment because it is the largest gift in our university’s his­tory and estab­lishes Northeastern’s first named school. It is a major pride point for all the stake­holders who care about our insti­tu­tion. People want to be a part of this his­toric moment and partner with us to build on the momentum.

What is the phil­an­thropic sig­nif­i­cance of having a named school?
Rich and Alan have sin­gle­hand­edly raised the bar on giving by making such a sig­nif­i­cant invest­ment. Gifts like this have a pow­erful ripple effect, in that they inspire and empower others to step for­ward and invest in the uni­ver­sity. The mul­ti­plier effect from this gift will secure the foun­da­tion of our busi­ness school over many years, and enable it to inno­vate and explore new path­ways in entre­pre­neur­ship, global edu­ca­tion and other areas. It is no acci­dent most busi­ness schools are named. This will raise Northeastern’s vis­i­bility on an inter­na­tional scale.

How does this gift impact Northeastern’s future fundraising oper­a­tion?
This gift is the cor­ner­stone for our university’s largest-​​ever com­pre­hen­sive fundraising cam­paign, which will be pub­licly announced this spring. Rich and Alan are co-​​chairs of the cam­paign. Both of them have expressed to me that one of the rea­sons they made this gift was to inspire other alumni and friends to sup­port North­eastern during our upcoming campaign.

By sharing their name with North­eastern in per­pe­tuity, they have given a very public endorse­ment of Pres­i­dent Aoun’s vision for Northeastern’s future.

Why are Rich D’Amore and Alan McKim the right people to name the busi­ness school in honor of?
Rich and Alan are not only suc­cessful busi­ness leaders but they are extra­or­di­nary people and long-​​time sup­porters of the uni­ver­sity. What makes their gift even more mean­ingful is that both gen­tlemen are entre­pre­neurs who embody Northeastern’s values. In their own work they have been inno­v­a­tive, nimble, visionary, cre­ative, self­less, kind and deter­mined. It’s an honor to have our busi­ness school bear their name, and it con­tinues to be an honor to work with each of them as we move toward the public phase of our fundraising initiative.