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Caruso Gives $50M to Pepperdine Law School
Rick J. Caruso and his wife, Tina, (pictured above) made a $50 million commitment to the Pepperdine School of Law, which will be named the Rick J. Caruso School of Law. The contribution, made through the Caruso Family Foundation, will expand educational access to exceptional, historically underserved student populations, as well as fuel several initiatives to strengthen the School of Law’s academic programming. It is the largest gift ever to the 50-year-old law school.
Caruso says, “The lack of affordable education in our nation and the student debt crisis is not only inhibiting underprivileged students from gaining equal opportunity to education, but also discouraging potential students from exploring careers in public service, roles that have a critical impact on society. My sincere hope is that this gift will be one of the first steps towards reducing the barrier to entry for these students, and will inspire the next generation of public servants.”
Caruso will also partner with the School to raise an additional $50 million in endowment funds over the next decade, to continue and expand initiatives to cement Pepperdine’s place among America’s leading law schools.
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