Gift will Support Students and the Richard S. Ziman Center for Real Estate
February 23, 2009
LOS ANGELES -- UCLA Anderson School of Management Dean Judy Olian today announced a generous $1 million gift from Board of Visitors member Richard S. Ziman, chairman of American Value Partners and co-chair of the school's $100 million fundraising campaign. Half of the $1 million gift will create the Richard S. Ziman Fellowship to support MBA, PhD or post-doctoral students with a preference for study in real estate. The remaining $500,000 will be invested in the Richard S. Ziman Center Fund in support of the real estate center's most critical needs. The Richard S. Ziman Center for Real Estate was named in appreciation of Mr. Ziman's $5 million gift to the center in 2001.
"Dick's gift to support students comes at a critical moment in time, when many of our qualified applicants and students have been hit hard by the economic downturn and may be unable to afford their education," said Olian. "We are deeply grateful because Dick's support will make the difference in a student's ability to study at UCLA Anderson, and cements his legacy at UCLA through the Ziman Center for Real Estate."
Support from the Ziman Fund addresses various needs of the Center which include, but are not limited to: research grants awarded to faculty across all disciplines at UCLA who undertake real estate research; conferences, symposia and seminars that address current issues in real estate; and student support through sponsorship of case competitions, site visits, career counseling, industry mentors and distinguished speakers in the classroom.
"I strongly believe that as a public university, UCLA Anderson has a responsibility to educate our community and advance our society though superlative research across all disciplines," said Ziman. "I chose to leave my legacy at UCLA and through the Ziman Center because I know this is a place where these objectives are met."
"Dick's leadership and vision for the Ziman Center were well-established with his original $5 million gift, but this additional gift is a strong testament to his enduring commitment," said Stuart Gabriel, Ziman Center Director and Professor of Finance at the UCLA Anderson School of Management. "We are very grateful for his generosity. It enables us to further enhance the quality of real estate research, education and programming created by the Center."
Ziman is a long-time generous benefactor to both UCLA Anderson and the entire university. In addition to his service as a member of UCLA Anderson's Board of Visitors and as the school's campaign co-chair, he also serves on the Chancellor's Competitiveness Council as a chief advisor on UCLA's most pressing strategic issues such as student diversity and faculty compensation. He is a strong advocate for the university and meets regularly with the governor, mayor and members of the legislature on behalf of UCLA. In addition, he serves as a member of the Pauley Pavilion Campaign Committee, the Medical Science Executive Board and the Israel Studies Committee. In recognition of his community leadership at UCLA and in Los Angeles, Ziman was awarded the university's most esteemed award, the UCLA Medal, in 2008.