Darden School of Business Sanjay Suchak

The Darden School of Business announced in May its largest gift ever, a $68 million donation from Frank M. Sands Sr. (Darden ’63), founder of Sands Capital Management.

UVA’s Bicentennial Professors Fund will add an additional $14 million in matching funds to Sands’ contribution. Altogether, Darden will use the $82 million infusion to endow a lifelong learning institute; support faculty; help build a new inn and conference center; and renovate its alumni hall.

“This historically generous gift will allow Darden to reach even more students and continue to lead the way in global business education,” said UVA President James E. Ryan (Law ’92) in a statement.