Anonymous $1.5 million gift to enhance finance education at Penn State Smeal (opens in new tab)

The Penn State Smeal College of Business recently received a $1.5 million commitment to support excellence in finance education and research from a couple who have chosen to remain anonymous. The gift includes a $1 million estate pledge to create an endowed account and a $500,000 commitment to be paid over five years, which will provide immediately spendable resources for Smeal's Department of Finance.