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eptember 13, 2024
3:11:00 pm
The Koelbel Building at the University of Colorado’s Leeds School of Business. Courtesy CU
BOULDER — The University of Colorado Real Estate Center has been renamed the Michael A. Klump Center for Real Estate after a $15 million donation from Klump, a CU graduate and founder of commercial real estate investment firm RCG Ventures LLC.
A $15 million donation from Michael A. Klump, a CU graduate and founder of RCG Ventures LLC, has been made to the University of Colorado Real Estate Center. The donation will be used to rename the center as the Michael A. Klump Center for Real Estate. The donation will be used to fund various initiatives at the Leeds School of Business, including endowing three faculty positions, establishing four new academic funds, and supporting an endowed scholarship.
The remaining $2 million of the donation will be allocated towards student wellness programs through the Hellems Fund for Collective Belonging and the Hellems Fund for Fostering Success in the College of Arts and Sciences.
According to CU chancellor Justin Schwartz, this generous donation will have a significant impact on the university community. It will support students, faculty, staff, and research activities across the real estate field, driving innovation and enriching educational experiences on campus. Additionally, it will provide crucial support for wellness programs and student mental health.
