$75 million gift to support Chicago Booth

A $75 million gift from Chicago Booth alumni Amy Wallman, MBA’75, and Richard Wallman, MBA’74, builds upon their legacy of philanthropic support of UChicago students and faculty.

October 7, 2017

University of Chicago Booth School of Business alumna Amy Wallman, MBA’75, and alumnus Richard Wallman, MBA’74, have made a $75 million gift to the University, building upon their legacy of philanthropic support of students and faculty.

In recognition of this gift, Chicago Booth will name its academic high honors distinction after the Wallmans. This group of top students will be known as the Amy and Richard F. Wallman Scholars at Chicago Booth. The designation will be permanently bestowed upon graduating MBA students who earn high honors at Booth, as well as all alumni who have already achieved this distinction.

“The University of Chicago Booth School of Business is a destination for the world’s most promising business students and scholars,” said President Robert J. Zimmer. “We are deeply grateful for the Wallmans’ gift, which will support our students and honor their accomplishments.”

The school plans to use the gift to support a number of initiatives, including scholarships for students in the full-time, evening, weekend and executive MBA programs. This will allow Booth to recruit from a broader and more diverse set of students and offer expanded financial assistance.