Saturday, March 30, 2019
Following up on my previous post, University Of Alabama Law School Receives $26.5 Million Naming Gift; Donor Hopes For Top 10-15 Ranking: Crimson White, Law School Donation Fulfilled Ahead of Schedule:
The Hugh F. Culverhouse School of Law at the University of Alabama was recently ranked the eighth highest public law school in U.S. News & World Report’s list, and to celebrate, Hugh F. Culverhouse is fulfilling the last $5 million of his $25 million donation two years ahead of his original four-year schedule.
In September of 2018, the University announced the donation of $25 million from Hugh F. Culverhouse. Culverhouse’s original plan was to make multiple installments toward his pledge over a four-year time period, but after hearing of the law school’s new ranking, he decided to pay off the last $5 million later this year.
“The key is, I work hard,” Culverhouse said. “I’m fortunate enough to make money. I have no desire to make that school wait four to five years to get money if they can get it sooner.” ...
Like Brandon, Culverhouse wants to see improvements starting now, which is why he decided to fulfil the rest of his $25 million pledge this year.
“They can go hire professors,” Culverhouse said. “They can go provide scholarships instead of getting the money coming in on this long schedule. I want it improved today, not four years from now.”