University of Michigan renames school of art and design in honor of generous donor
September 25, 2012
The University of Michigan's Board of Regents recently approved a decision to rename the School of Art and Design in honor of an alumna's generous contributions. Now, it will be known as the Penny W. Stamps School of Art and Design.
"It has been very rewarding for us to be a part of A&D's growth and development during these past 15 years," said Penny Stamps. "We have been pleased to see our investments in the school make a compelling difference to the school’s excellence and prominence."
Through the Stamps family foundations, Penny and her husband, E. Roe, have committed $32.5 million. This will be matched by $7.5 million from the University, making the total commitment $40 million. The money will be used to ensure the school continues to establish itself as a leader, while also funneling money into campus programs and facilities. This also adds to merit-based funding available to students in the department through the Stamps Creative Work Scholarships.
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