Stephen Ross Gives Additional $50M to University of Michigan, Brings Total Giving to $378M

ANN ARBOR, MICH. — Real estate developer and alumnus Stephen Ross has donated an additional $50 million to the University of Michigan, bringing his total lifetime giving to the academic institution to $378 million. The majority of the gift will support career development programs for students, learning experiences such as student-run investment funds and new business ventures as well as resources for attracting and developing junior faculty. The rest will go toward completing and maintaining the Ross School of Business. Ross continues to be the single largest donor to the university. He also chairs U-M’s Victors for Michigan Campaign, which has raised more than $4 billion since its beginnings in 2013. Ross is founder and chairman of the Related Cos. and owner of the Miami Dolphins. The Related Cos. is best known for the development of Time Warner Center in New York City and the 28-acre Hudson Yards development on Manhattan’s west side, and is also one of the largest owners of affordable housing nationally.