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USC Gets Record $200M, Unrestricted Donation

LOS ANGELES (AP) — The University of Southern California is getting a record $200 million unrestricted donation from a steel company chairman and his wife.

The university says in a news release Wednesday that the gift goes to the College of Letters, Arts and Sciences, which is being named after David and Dana Dornsife. A Dornsife Scholars Program is also being established.

The 67-year-old David Dornsife, a USC trustee and alumnus, is chairman and majority owner of the Stockton-based Herrick Corp., a steel fabrication firm.

USC's previous record donation was $175 million in 2006 from "Star Wars" creator George Lucas. The money was used to build a new home for the university's film school.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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