U-M Dearborn rakes in biggest alumni donation yet, $2 million

The University of Michigan-Dearborn has been setting more than a few fundraising records this year. The latest is the largest gift given to the school ever, $2 million.Ed Elliott made the gift to the university’s School of Management just before the new year. Elliot graduated from the school in 1967 and is now the principal of an international investment group based in Chicago. Elliot recently served on the Chancellor’s Campaign Council. Part of that $2 million will pay for a chaired professorship in memory of his late wife, Betty F. Elliott, whom he met at U-M Dearborn. The rest of the money will be used to recruit and retain faculty, academic curriculum and research. U-M Dearborn recently broke its record for latest capital campaign that concluded last year. The university brought in $45 million from 11,000 donors, including alumni, faculty and staff and other campus supporters since 2004Source: University of Michigan-DearbornWriter: Jon Zemke