November 28, 2002

$220-Million to Build College Pledged by Pizza Entrepreneur

By Meg Sommerfeld

Thomas S. Monaghan, the founder of Domino's Pizza, announced last week that he and his Ave Maria Foundation have pledged $220-million to create a Catholic university near Naples, Fla., and an additional $18-million for an interim campus. He said he and other investors would also spend $100-million to help build a town near the campus. The gift is among the 15 largest gifts to higher education, according to The Chronicle of Higher

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