The University of Notre Dame has announced $23 million in gifts. The school says the funding will endow a new Institute for Global Investing and the Notre Dame football team’s defensive backs coaching position.
James Parsons and Carrie Quinn of New York City made a $20 million donation to establish the investing center in the school’s Mendoza College of Business. President John Jenkins says the gift will allow finance faculty members to "advance their teaching and research to new levels."
Parsons is founder and portfolio manager of Junto Capital Management in New York City. Quinn is an assistant clinical professor of pediatrics at Mount Sinai Hospital.
The $3 million gift from Pat and Jana Eilers of Winnetka, Illinois, will underwrite the salary of the Fighting Irish football team’s defensive backs assistant coach. The school says the funding will also provide "stability and resources" for use within the department.
Eilers, a former Notre Dame football player, took a sabbatical from his work as Chicago-based Madison Dearborn Partners’ managing director to work on the team’s defensive staff while a graduate assistant coach was on medical leave.