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UCLA Anderson School gets $25 million from namesake

April 25, 2011 |  3:31 pm

Bust of John Anderson at UCLA's Anderson Graduate School of Management. The man whose name is already attached to UCLA’s John E. Anderson Graduate School of Management is giving the school an additional $25 million, on top of nearly $17 million in previous gifts.

UCLA officials Monday announced that the latest gift from businessman and attorney John E. Anderson and his wife, Marion, would benefit academic programs, student aid and faculty research at the management school, which enrolls about 1,800 full- and part-time students in its master’s and doctoral programs. The school was named after Anderson in honor of the couple's first gift, $15 million in 1987.

Anderson is president of Topa Equities Ltd., a conglomerate with holdings in real estate, insurance, agriculture and other industries. He earned his bachelor’s in business administration from UCLA in 1940 and later received an MBA from Harvard and a law degree from Loyola in Los Angeles.

Since last fall, the Anderson school has been at the center of a debate over Dean Judy Olian's proposal to end the school's reliance on dwindling state funds and gradually shift it to financial self-sufficiency through higher tuition and more private donations. The plan, which critics called a step toward privatizing the public university system, is still being reviewed by UC hierarchy.


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Photo: Bust of John Anderson at UCLA's Anderson Graduate School of Management. Credit: Rick Meyer / Los Angeles Times