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updated: 11/22/2011 8:02 AM

$10M gift largest in DePaul University history

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Associated Press

Anonymous donors are pledging $10 million to DePaul University, the largest gift in the school's 113-year history.

The Chicago Tribune reports that the money will go to student scholarships and a professorship in the College of Commerce. The donors are an alumnus and his wife who asked to remain anonymous.

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The Rev. Dennis Holtschneider, DePaul's president, said the money will "change the lives of countless students."

DePaul is conducting a $250 million fundraising campaign called "Many Dreams, One Mission." More than 25,000 donors have given $215.3 million since 2007.

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