USC Receives $15 Million for Residential College

USC Receives $15 Million for Residential College

Photo credit: Michael Bulbenko

The University of Southern California has announced a $15 million gift from alumnus ('78) and trustee David C. Bohnett to endow and name a residential college.

One of eight residential colleges planned for USC Village, the David C. Bohnett Residential College will integrate living and learning — with a focus on social justice and community service — for more than three hundred students. The gift also will endow a chair in social entrepreneurship at the Marshall School of Business and create a fund at the Price School of Public Policy in support of a fellowship in public policy with the Los Angeles County Board of Supervisors.

Bohnett, who founded media and e-commerce company GeoCities.com in 1994, selling it to Yahoo! Inc. a year after taking it public in 1998, is founder of the David Bohnett Foundation and Baroda Ventures, a venture capital firm that invests in early-stage technology startups.

"I can trace back so many of my personal and professional accomplishments to my four years as an undergraduate student at USC, where I learned how to excel academically and how to give back through service to others," said Bohnett. "It's my hope and aspiration that the Bohnett Residential College will afford USC students with a richly immersive college experience and help prepare them to be actively engaged members of the community throughout their lives."

"USC Trustee David C. Bohnett Gives $15 Million for Residential College." University of Southern California Press Release 05/25/2016.