The two $5 million gifts, the largest in the law school's history, will create two funds — the Benson Legacy Fund for Wayne Law and the Benson Endowed Enhancement Fund for Wayne Law — named for Jocelyn Benson, who is stepping down after nearly four years as dean of the school this month. To be expended at the discretion of the incoming dean, the funds will support ongoing efforts to elevate the law school's national reputation and attract talented students from across the country. With Ross's and Gilbert's gifts, the law school has raised nearly $24 million toward its $30 million goal as part of the university's comprehensive $750 million fundraising campaign.
Ross, a real estate developer, owner of the Miami Dolphins and Sun Life Stadium, and founder of RISE (Ross Initiative in Sports for Equality), and Gilbert, founder and chair of Quicken Loans Inc. and Rock Ventures LLC and majority owner of the Cleveland Cavaliers, will be inducted as members of the inaugural class of the Miller Family Wayne Law Alumni Wall of Fame. Benson will serve as CEO of RISE and as a special advisor on philanthropic investments to Ross.
"Both Mr. Ross and Mr. Gilbert have worked to revitalize development in urban cities and build a sense of community through numerous projects," said Wayne State president M. Roy Wilson. "Their generous gifts will help Wayne Law continue to play a significant part in the renaissance of Detroit."