Pursuits
Bill Gross Gives $40 Million to New UC Irvine Nursing School
- Manager and wife have donated almost $800 million to causes
- Foundation makes biggest single contribution to the university
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Bill Gross, the billionaire bond manager, is donating $40 million to establish a nursing school at the University of California at Irvine, bringing total philanthropic donations by him and his wife, Sue Gross, to almost $800 million.
“We’re proud to partner with UCI to help solve some of the most pressing health-care needs of our generation,” Sue Gross, president of the Gross Family Foundation, said in a statement released Tuesday by the university. “We expect our support for a nursing school to have a broad impact, as the demand for nurses and their teachers touches the heart of our health-care system.”