UNC Kenan-Flagler Receives $11 Million for Business School

UNC Kenan-Flagler Receives $11 Million for Business School

The University of North Carolina at Chapel Hill and UNC Kenan-Flagler Business School have announced an $11 million commitment from alumnus Steve Bell ('67) and his wife, Jackie Bell.

The single largest gift ever from an individual to the business school will help support construction of a new building and an expansion of the school's undergraduate business program. The new building will enable the business school to increase enrollment in the program by at least 50 percent, while the gift also will help alleviate other space challenges and benefit students in the MBA, master of accounting, and PhD programs.

Since the business school relocated from Carroll Hall to the McColl Building in 1997, the growth of degree programs has outpaced the capacity of the building to accommodate them. This year, a year after UNC Kenan-Flagler celebrated its centennial, the undergraduate business program reached the maximum number of students it can enroll while maintaining the quality of the program.

"This gift from Steve and Jackie Bell is an investment in our students, in our communities, and in the economic growth of North Carolina," said chancellor Kevin M. Guskiewicz. "Their leadership, vision, and generous support enables UNC Kenan-Flagler to continue fulfilling its critical mission to provide an outstanding business education to our undergraduate and graduate students."

(Photo credit: Jeymouth Allebaugh)