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Darla Moore (center) with business school dean Hildy Teegen (left) and university president Harris Pastides
Darla Moore (center), with business school dean Hildy Teegen (left) and university president Harris Pastides.

Continued: Darla Moore

The $45 million gift is Moore’s second to the school. In 1998, she announced a $25 million gift to the business school, which named the school in her honor.

Her generosity raised the bar on higher-education philanthropy in South Carolina, Pastides said.

“This is a testimony to Darla Moore’s vision to offer students a world-class business education and the collective commitment and spirit of the university community,” Pastides said. “Everyone stepped up and came together at a critical time – deans, faculty, staff, students, trustees, alumni and corporations.”

The financial support from Moore and donors to the business school will enable the university to redefine business education in a new century, he said.

“And she did all this while reinforcing her commitment to a better state for all South Carolinians,” Pastides said.

The news comes just one week after the U.S. Department of Justice announced a 20-year lease on the Close-Hipp Building that houses The Darla Moore School of Business. The proposal will bring more than 250 high-paying jobs to Columbia and will enable the business school to begin building a new facility in the heart of Innovista, the university’s research district.

Dr. Hildy Teegen, dean of the Darla Moore school, said the philanthropic support was broad and reflected a resounding commitment from corporations and individuals.

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The Darla Moore School of Business Match

  • The average gift more than doubled in size, increasing from slightly over $2,000/gift in 1999-2004 to well over $5,000/gift in 2004-2009.
  • The number of donors making gifts over $250,000 grew more than threefold from the pre-match to post-match period.
  • Overall giving in 1999-2004 totaled $12.7 million. Since the challenge, giving has more than tripled.

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