University of South Florida Receives $25 Million Gift

University of South Florida Receives $25 Million Gift

The University of South Florida has announced a $25 million gift from alumnus Les Muma and his wife, Pam, to establish a leadership program in its College of Business.

In recognition of the single largest gift in the university’s history, the college will be renamed the USF Muma College of Business. Made as part of the university's $1 billion USF: Unstoppable campaign, the gift will support creation of the Muma Leadership Program, which will work to place USF students on a professional development track. The funds will enable the university to operate the program, track student participation, and offer incentives for top participants.

To date, Les and Pam Muma have committed more than $41 million to the university. Les Muma (’66), the former chair and CEO of Fiserv, Inc., a financial industry automation company he co-founded in 1984, has chaired both the USF Foundation board of directors and the first phase of the USF: Unstoppable campaign. Pam Muma is a founding member of the USF Women in Leadership and Philanthropy organization, serves as chair of the Tampa General Hospital Foundation, and is a member of the Florida Health Science board of directors and the past chair of the Junior Achievement of Tampa Bay.

"This gift elevates USF into the top tier of business schools, one where donors so strongly believe in the mission and vision of the business school that that they are willing to invest in it in a substantial and transformative way," said USF College of Business dean Moez Limayem. "Pam and Les's investment will have a tremendous impact on the educational experience for our students. This gift will bolster faculty engagement in the business community. It will also help students become even better prepared for the workplace. Better, stronger employees make better, stronger companies, which in turn, benefits our entire region."

"USF Announces a New Name for College of Business." University of South Florida Press Release 10/10/2014.