• Thu. Sep 28th, 2023

    Ramon Breeden Jr. Donates $50 Million to University of Virginia

    BySharna Bass

    Sep 19, 2023
    Ramon Breeden Jr. Donates $50 Million to University of Virginia

    Ramon Breeden Jr., the founder of The Breeden Co. in Virginia Beach, has generously donated $50 million to his alma mater, the University of Virginia. This significant contribution will be divided between the expansion of the McIntire School of Commerce and the university’s athletic department, according to a news release.

    The donation, when combined with an additional $25 million in matching funds for the McIntire expansion project, will have a total impact of $75 million. Breeden expressed that UVA was the heart and soul of his education and the true pinnacle of his learning experience. He credited the McIntire School for preparing him to compete with graduates from Ivy League universities.

    Not only did the McIntire School teach him about business practices, but it also instilled in him the confidence to speak and be actionable in the business world. Breeden emphasized that his time at McIntire shaped him into a successful entrepreneur.

    UVA President Jim Ryan expressed his deep gratitude for Breeden’s substantial investment, stating that the university’s students, including student-athletes and commerce students, will benefit from the new spaces created for learning and practice. This donation will have a long-lasting impact on the university community, providing enhanced opportunities for education and growth.

    This act of philanthropy highlights the importance of giving back to one’s educational institution and investing in future generations. Ramon Breeden Jr.’s contribution will undoubtedly leave a lasting legacy at the University of Virginia.

    – University of Virginia. (Source: unnamed)