Illinois Tech Receives $150M Gift Toward Scholarships, Facilities

Illinois Institute of Technology received a $150-million combined gift from prominent Chicago leaders to help the university drive Chicago’s continued tech rise. The largest cumulative gift in Illinois tech’s history, the donation will fund scholarships and new campus facilities.

Illinois Tech Board Chairman Michael P. Galvin and his wife, Elizabeth; University Regent Craig J. Duchossois and his wife, Janet; and former board chair John W. Rowe and his wife, Jeanne, are among the prominent Chicago leaders who made the gift. Other contributors include the late George J. Kacek, for whom a newly-renovated residential hall on the Illinois Tech campus will be named.

“This significant commitment will not only fuel Illinois Tech’s central contribution to Chicago’s tech rise, but it will do so by building on our university’s founding mission to provide unmatched opportunity and value to all young people in Chicago,” said Illinois Tech president Alan W. Cramb.

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