Villanova University Receives $10 Million Gift from The H. Hovnanian Family Foundation to Support Student and Faculty-Focused Academic Initiatives
Villanova University announced a $10 million gift from The H. Hovnanian Family Foundation to support several significant academic initiatives. In recognition of this gift, a building on campus in Villanova’s newest residences, known as The Commons (pictured above), will be named “Hovnanian Hall.”
Villanova University President the Rev. Peter M. Donohue, OSA, PhD, today announced a $10 million gift from The H. Hovnanian Family Foundation to support several significant academic initiatives, including the continued modernization of Falvey Library. The gift will also establish an endowed chair in the DiLella Center for Real Estate within the Villanova School of Business, as well as a new University-wide speaker series focused on the thoughtful and civil exchange of ideas on current issues. In recognition of this gift, a building on campus in Villanova’s newest residences, known as The Commons, will be named “Hovnanian Hall.”
“I am extremely grateful to the Hovnanian Family Foundation for this gift, which demonstrates its confidence in Villanova’s mission and desire to continue to move the University forward,” said University President the Rev. Peter M. Donohue, OSA, PhD. “The Foundation’s generosity will have a significant impact on key priorities of our strategic plan, Rooted. Restless., and provide critical funding to our academic enterprise.”
This gift from the H. Hovnanian Family Foundation—which counts education and real estate development training among its numerous causes—will directly impact the academic experience of Villanova students and faculty by:
- Supporting the continued evolution of Falvey Library and its efforts to advance the University’s research and scholarly goals, as well as supporting the changing needs of students and faculty. This gift will allow the University to continue creating a center for learning and discovery at Falvey Library, where students, faculty, staff and the global community of scholars can access, create, and share knowledge.
- Establishing a Hovnanian Family Endowed Chair to lead the Daniel M. DiLella Center for Real Estate within the Villanova School of Business. This funding will allow the Center to recruit and retain top faculty talent, furthering its commitment to creating the next generation of real estate leaders. The DiLella Center supports faculty research and teaching in the area of real estate, ensuring relevance in the curriculum through the incorporation of site visits, experiential projects, industry-standard tools and expert perspectives.
- Creating a University-wide speaker series that presents discourse on critical issues of our time and can serve as a model for the thoughtful and civil exchange of ideas. The series will extend the institution’s academic and Augustinian Catholic mission of ensuring students have access to a wide range of viewpoints.
Read the original announcement here: https://www1.villanova.edu/villanova/media/pressreleases/2022/vu-receives-10milliondollar-gift-from-hovnanian-family-foundation.html
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