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17 BizEd May/June 2014 G E E B SHOT/TH I N KSTOCK (EYE); an endowment for business professors at the War- rington College of Business Administration. ■ Carnegie Mellon Univer- sity in Pittsburgh, Pennsyl- vania, has received a US$10 million gift from alum and venture capitalist James Swartz and his wife, Susan. Along with a recent $67 mil- lion gift from investor David Tepper, the money will go toward creating the David A. Tepper Quadrangle, a learn- ing and research environ- ment that will integrate busi- ness, science, technology, design, and other disciplines. ■ The Samuel Curtis John- son Graduate School of Management at Cornell Uni- versity in Ithaca, New York, has received US$10 million to found the John and Dyan Smith Family Business Initia- tive. John Smith is an alum and chairman of the board of transportation firm CRST. ■ Bob and Marcie Zlotnik, founders of Houston energy company StarTex Power and alumni of the University of Texas at Austin, have pledged US$5 million toward construc- tion of a graduate education building at the McCombs School of Business. ■ West Virginia University in Morgantown has received a commitment of US$5 mil- lion from business school alumnus Ken Kendrick and his wife, Randy, and the Charles Koch Foundation. The gift will enable the College of Busi- ness and Economics to create a Center for Free Enterprise. ■ The Woodbury School of Business at Utah Val- ley University in Orem has received a US$2 mil- lion investment from Vivint founder and CEO Todd Ped- ersen to create a new sales program. The Todd Pedersen Professional Sales Program will operate, in part, out of UVU's Business Resource Center, which will now bear the Vivint name. Included will be a sales and marketing research center and labora- tory that will incorporate the latest eye-tracking equip- ment and facial coding tech- nology. Vivint offers home automation services and residential solar power. ■ Rutgers Business School in Newark and New Brunswick, New Jersey, has created the George F. Farris Chair in Entrepreneurship thanks to a US$1.5 million endowment from the Celia Lipton Farris and Victor W. Farris Founda- tion and a matching gift from an anonymous donor. In 2011, the anonymous donor pledged $27 million in an "18 Chair Challenge," which offered a 1:1 match that enabled other donors to fund an endowed chair with a gift of $1.5 mil- lion. George Farris spent 31 years on the faculty at Rutgers before retiring in 2011. FACILITIES ■ Northwestern Univer- sity's Kellogg School of Management in Evanston, Illi- nois, has broken ground on a five-story, 410,000-square- foot lakefront education center designed to encour- age collaborative learning. The building's 360-degree views offer glimpses of Lake Michigan, the Chicago sky- line, and the Northwestern campus. Exterior glass walls provide natural daylight and fresh air; flexible design allows spaces to be recon- figured to meet future needs. The building should be ready for move-in by late 2016. ■ Trinity College Dublin in Ireland is committing €70 mil- lion (about US$96.5 million) to create the Trinity School of Business and an Innovation and Entrepreneurship Hub that will be located within the new school. Groundbreaking will begin this summer, and the new facilities should be complete by 2017. ■ This January, Kean Uni- versity in Union, New Jersey, opened its new 102,275-square-foot mixed- use academic building, which will serve as the home for the university's new school of design as well as its business programs. The six-story building includes a Barnes & Noble college bookstore and café on the first floor—both of them open to the public. OTHER NEWS ■ 43North has launched a business plan competition that will award US$5 million in prizes to entrepreneurs and heads of emerging startups willing to operate for at least a year in Buffalo, New York. Applicants must submit sum- maries of their venture ideas by May 31 to 43North.org. ■ The European Foundation for Management Development (EFMD), based in Brussels, Belgium, has launched its Business School Impact Survey, a service that allows business schools to col- lect statistical data on their impact by identifying the ben- efits they bring to their com- munities. These include tan- gible impacts, such as money that faculty and students spend in the region, and more intangible ones, such as generating and support- ing intellectual debate. More information can be found at www.efmd.org/bsis. KE N N ETH A. G R USKI N