Former Microsoft CEO Steve Ballmer and his wife, Connie Ballmer, have given $50 million to the University of Oregon, Connie Ballmer’s alma mater, officials announced today.
It’s billed as the “first significant gift” since the university announced its goal to raise $2 billion. The Ballmers’ gift will be used to establish and endow a scholarship fund ($25 million); fund a center for health and obesity prevention ($20 million); and fund a University of Oregon branding campaign ($5 million).