The Cedar Falls-based University of Northern Iowa (UNI) has announced a $25 million gift from alumnus David W. Wilson in support of its College of Business.

The gift will create two funds at the first UNI school to be renamed for a donor: the David W. Wilson Scholars Endowed Fund and the David W. Wilson Endowment for Integrity and Excellence. The fund will provide scholarship support, covering tuition, room, board, and fees for students in Tama County, Iowa, who demonstrate financial need. The first Wilson Scholar will be awarded in the 2024-25 academic year. The David W. Wilson Endowment for Integrity and Excellence will expand on the ethics programs offered as part of the David W. Wilson Chair in Ethics and establish a partnership with the Department of Philosophy and Religion within the College of Humanities, Arts and Sciences.

“This gift will truly transform business at UNI, taking our already premiere business programs to new heights,” said UNI president Mark Nook. “We will use these resources to invest in faculty, technology, and strategic initiatives to advance our mission of providing a cutting-edge business education.”

(Photo credit: Flickr/Matt Rafferty)