Wabash College in Crawfordsville, Indiana, has announced a $40 million gift from alumnus Paul Woolls ('75) and his wife, Betty O'Shaughnessy Woolls.

The unrestricted gift will help advance the priorities of the $225 million Giant Steps campaign, the largest fundraising campaign in the school's 186-year history. They include expanding Wabash's scholarship programs; supporting faculty professorships, chairs, and academic programs; providing immersive learning experiences for all Wabash students; and funding capital projects and the annual fund. To date, the college has raised $150 million toward its goal — more than in any previous fundraising campaign.

Betty O'Shaughnessy Woolls, a former real estate developer and entrepreneur, founded O'Shaughnessy Estate Winery in Napa in 1996; a retired attorney, Paul Woolls owns Progeny Winery. The Woollses are serving as co-chairs of the Giant Steps campaign along with alumnus Steve Bowen ('68) and his wife, Joanie.

"It is impossible for me to overstate the importance of Paul and Betty's gift," said Wabash College president Gregory Hess. "It is a truly transformational gift that matches our vision to be a men's college that matters — to men, women, and the world. This gift will help Wabash be a catalyst for world-changing ideas and we will cultivate an environment that encourages creativity and collaboration."