The largest single gift in SMU history includes $25 million for programming at the Meadows Museum, which houses one of the largest and most comprehensive collections of Spanish art outside Spain. The gift includes $13 million for exhibitions, education programs, and initiatives; $6 million for acquisitions; and $6 million for an acquisition challenge grant. The remainder of the gift includes $8 million to attract and retain top faculty and students, create and maintain innovative programs of national importance, and provide enhanced studio, gallery, and state-of-the-art classroom spaces at the Meadows School of the Arts; and $12 million for facility enhancements, including a $10 million challenge grant.
Since 1995, the Meadows Foundation has committed more than $100 million to the university.
"SMU has enjoyed a long and productive partnership with the Meadows Foundation, one initiated by Algur H. Meadows himself through the endowment of the Meadows School and the creation of the Meadows Museum," said SMU president R. Gerald Turner. "The resulting collaboration has enhanced the lives of thousands of students, faculty, and members of the local, regional, and international communities. This year, as we celebrate both the fiftieth anniversary of the Meadows Museum and the centennial of SMU's opening, we are honored to accept a gift that will continue this extraordinary partnership."