With the completion of the state-of-the-art Global Hub, the brand new epicenter of the Kellogg School of Management at Northwestern University, slated for the very near future, the Evanston business school received even more good news in the form of a $10.25-million donation from the Christopher B. Galvin Family Foundation.
The foundation is run by former Motorola CEO Chris Galvin and his wife, Cynthia. With the donation, the first-floor design wing and conference center of the Global Hub will be named in their honor.
This is an opportunity to give back,” said Galvin, a Northwestern and Kellogg alumnus, in a statement. “Kellogg played an important role in my career, especially in my post-Motorola investing and business management.”
Officially, $10 million will go directly to Kellogg and $250,000 will be gifted to NUseeds, an investment fund started by Northwestern students. The fund opened last April with an initial funding of $4 million, which came part as a gift from the school’s We Will. The Campaign for Northwestern. As an acting university trustee and member of the Board of Trustees’ Innovation and Entrepreneurship Committee, Galvin has been an instrumental part of that foundation and the progress the school has made.
From 1997 to 2004, Galvin was CEO of Motorola, which was founded by his grandfather and uncle, Paul V. and Joseph E. Galvin, in 1928 in Chicago. Currently, he’s the chairman, CEO and co-founder of Harrison Street Capital, a real estate investment firm he launched in 2005, a year after departing Motorola.
This latest generous donation comes less than a year after Northwestern Law received $100 million from J.B. and M.K. Pritzker to fund the school’s legal entrepreneurship center. The school was renamed the Northwestern Pritzker School of Law in recognition of the gift.
Kellogg’s Global Hub is expected to be completed by either late 2016 or early 2017; no exact opening date has been set.