"A permanent endowment will provide scholarship support to the best and brightest of a talented group of students who are the region's future civic, business, and nonprofit leaders as well as provide greater opportunity for our faculty to work together in interdisciplinary collaborations," Berkman said in a press release.
The money will not only provide money for students, but for an endowed chair — the Jack, Joseph and Morton Mandel Chair in Humanities — and will pay for renovations at the campus' Main Classroom Building.
The Jack, Joseph and Morton Mandel Building (shortened, in all likelihood, to "Mandel" in commuter parlance) is a mouthful, but still considerably better than the soulless "MAIN CLASSROOM BUILDING" which name would make a lot more sense in a world where my name was "Dark-haired basketball enthusiast with nothing spectacular going on in terms of physique."
CORRECTION: Via Kevin Ziegler, CSU's Strategic Communications guy, the Main Classroom Building will not be renamed. "The honors program is being upgraded to the Honors College, and the college is now the Jack, Joseph and Morton Mandel Honors College," he wrote in an email. "They are renovating space on the first floor of the main classroom building for it and putting an exterior sign on the building to make it more visible."
When I asked him how much money it would take to officially change the name, Ziegler, offered the $10 million engineering school gift as a comparable figure.
Karen Farkas at the NEOMG reports that the Mandel Honors College will enroll more than 500 students from the University Honors and University Scholars programs, and that it will continue to be pretty selective.
"Freshman applicants must graduate in the top 10 percent of their high school class and score in the 90th percentile or above on the ACT exam, among other criteria," writes Farkas.