Sep 22, 2016 07:29 AM EDT
USC University Club Receives $6 Million Endowment From A Real Estate Investor
The University of Southern California's university club has received a whopping $6 million donation from real estate investor Amy King Dundon-Berchtold. The gift is aimed to be an endowment of the USC University Club.
According to the school's official website, Dundon-Berchtold and her family have long-supported the University of Southern California through their donations. Over the past decades, her family has funded student scholarships, the education library as well as an endowed chair for the dean of the USC Rossier School of Education.
The USC University Club at King Stoops Hall is located inside the historic library building named after Amy King Dundon-Berchtold's late mother, Joyce King Stoops EdD '66 and late stepfather Emery Stoops PhD '41. The club is a members-only club and restaurant on the school's University Park Campus.
It was noted that the club serves as an important campus venue where intellectual, cultural and social interaction is highly-promoted. To honor the real estate investor's gift, the club will be renamed the USC Amy King Dundon-Berchtold University Club.
Amy and her husband, Jim Berchtold, got married last 2010 after they both lost their first spouses to brain tumors in 2008. She was married to her late husband Paul E. "Ed" Dundon EdD '71 for several decades.
"I had a wake-up call," she said about her donation, "that it was time to give back and disperse some of what I have accumulated over the years."
Dundon-Berchtold added that she chose the University Club because it serves as her and her husband's "home away from home." There, they enjoy looking through her family's photos and books.
"I'm proud to follow in my mother's tradition of giving back to USC," Amy admitted. "I love the idea that there is a place on campus to preserve our memories."
It was previously reported that the University of New Hampshire has received a $4 million donation from its former librarian. The school is facing backlash for planning to spend $1 million on a video scoreboard for its new football stadium.
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