Tradition of Excellence

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USC receives $25M from African-American

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USC is the recipient of the largest gift from an African-American made to a U.S. University.

On Friday, the school announced that Verna B. Dauterive would be making a $25 million donation in the name of her late husband Peter Dauterive.

He was a USC business graduate who would later go on to establish a Los Angeles savings and loan association that provided inner-city mortgages to customers.

Verna Dauterive says that the gift is a way to thank the school for its “dedication to diversity and global outreach.”

This is not the first time that the Dauterives have been generous with their resources. In 1985, the couple endowed the school’s first scholarship for minority doctoral students.



Written by Symphony

April 20, 2008 at 7:43 am

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