The UCLA School of Law has announced a $10 million gift from alumnus Lowell Milken, chairman and co-founder of the Milken Family Foundation, helping the school exceed its $100 million capital campaign ahead of schedule.
The largest single gift in the school's history caps the Campaign for UCLA School of Law, which was launched in 2008 to support UCLA-affiliated centers and institutes that inform law and public policy, increase resources for student scholarships, and attract and retain faculty.
Established by the gift, the Lowell Milken Institute for Business Law and Policy will seek to develop initiatives in business and law that serve students, faculty, and the greater community through research, skills training, and real world problem-solving. UCLA School of Law dean Rachel F. Moran said the gift will also help support a range of curricular innovations, expand financial support for students, advance critical research, and enable the school to build on its long tradition of interdisciplinary collaborations.
"This generous gift will deepen UCLA Law's already strong impact on the vibrant Los Angeles legal and business communities and help prepare students with the training they need to meet the challenges of today's global and entrepreneurial economy," said UCLA chancellor Gene Block. "Through groundbreaking research, as well as symposia and conferences, the Lowell Milken Institute will facilitate the kind of sustained dialogue with policy makers and practitioners that is UCLA's hallmark as a public university."