A big gift from two California benefactors means a new name for Iowa State's College of Business. The university says the school will be renamed the Debbie and Jerry Ivy College of Business after the couple committed $50 million to establish an endowment. The donation will establish a fund to provide the business college with about $2 million a year. Jerry Ivy is a 1953 graduate of ISU. The new name of the business school must be approved by the Board of Regents.
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