UCLA given US$25 million by Japanese clothing magnate
UCLA will use the funds to endow the Tadashi Yanai Initiative for Globalizing Japanese Humanities, which was founded in 2014 with a US$2.5 million donation from Yanai. The initiative is a collaboration between UCLA and Tokyo-based Waseda University that supports academic and cultural programming and enables student and faculty exchanges between the universities.
“Mr Yanai’s extraordinary gifts are a testament to UCLA’s longstanding commitment to educate global citizens who can thrive in careers – and cultures – anywhere in the world,” UCLA Chancellor Gene Block said in the announcement. “The Tadashi Yanai Initiative for Globalizing Japanese Humanities will have a profound and lasting impact on this campus.”
Full report on the Los Angeles Business Journal site