The University of Guelph in Ontario, Canada, has announced a gift of C$21 million ($15.7 million) from Stu and Kim Lang in support of its school of business and economics.
Awarded through the Angel Gabriel Foundation, the largest gift in the university's history will support new educational efforts, including academic chairs, undergraduate and graduate scholarships, and experiential learning opportunities, as well as ongoing sustainability initiatives. In recognition of the gift, the school will be renamed in honor of Lang's father, Gordon, who established Conn Chem Ltd., which now employs more than twenty thousand people in forty countries.
Longtime supporters of the university, the Langs have committed more than C$70 million to the school. A professional football player in the Canadian Football League before he joined the family business, Stu Lang is the former head varsity football coach at the university. Kim Lang is the former artistic director of Eden Mills Writers' Festival and serves on the Ontario Veterinary College Pet Trust board of directors.
"This gift recognizes our sincere commitment to producing a different kind of business leader – people who understand the power of ethical business to make a positive impact," said Julia Christensen Hughes, dean of the Gordon S. Lang School of Business and Economics. "This will give us resources to grow our reputation as a world-leading business school with elite international faculty."