Dartmouth Business School Receives $25 Million for Global Learning

Dartmouth Business School Receives $25 Million for Global Learning

Dartmouth College has announced a $25 million gift from the Bakala Foundation USA to the Tuck School of Business.

The largest gift ever to the business school will endow Tuck Global Opportunities (TuckGO), a portfolio of for-credit immersive educational experiences included in the global learning requirement for Tuck students, enabling the program to expand its offerings and cover a portion of its operational costs. The gift also will support creation of the Bakala Global Suite, which in addition to housing TuckGO offices will serve as a hub for student, faculty, and staff collaboration. Established in 2015, TuckGO requires students to take one of three immersive experiential courses in a country that is new to them — a qualifying First-Year Project; an OnSite Global Consulting assignment; or a Global Insight Expedition, all designed, taught, and evaluated by a Tuck faculty member or  advisor — or participate as an international exchange student with a partner institution.

The Bakala Foundation USA is the American family foundation of alumnus Zdenek Bakala ('89), a Czech-born investor, philanthropist, and member of Tuck's board of advisors and European Council, and his wife, Michaela. The couple previously endowed the Bakala Professor of Strategy, supported Tuck Executive Education programs, and contributed support for Dartmouth's campus master plan, while Bakala-affiliated organizations have sponsored numerous OnSite Global Consulting projects. After graduating from Tuck in 1989, Bakala began his investment banking career in New York and London before founding Patria Finance, the first private investment banking group in the Czech Republic. In 2007, the couple founded the Bakala Foundation, which awards scholarships to talented students from the Czech Republic to study abroad at leading institutions.

"Tuck provided me with tremendous opportunities throughout my life and career," said Bakala. "As future classes of Tuck students pursue global careers of their own, this program will be essential to their preparation — giving them tangible skills and a better understanding of the world and of themselves. We are thrilled to support such meaningful experiences at a school that has meant so much to me."

"Largest Gift in Tuck History to Fuel Global Learning Program." Dartmouth College Press Release 09/28/2019.