Farmer Family Foundation donates $40 million to Miami University business school

The Miami (OH) University has received a $40 million dollar gift from the Farmer Family Foundation for its Farmer School of Business.
The Miami (OH) University has received a $40 million dollar gift from the Farmer Family Foundation for its Farmer School of Business. | shutterstock
Gregory Crawford, president of Miami University in Ohio, has announced that the university received a $40 million gift for the Farmer School of Business.

The donation comes from Dick and Joyce Farmer and the Farmer Family Foundation.

“We have such wonderful memories here, Joyce and I, as do our children and grandchildren,” Dick Farmer, former chairman and CEO at Cintas Corp CEO, said. “The Farmer School is one of the greatest undergraduate business schools in the country, and to remain great requires constant innovation.”

The gift will support the business school, including faculty, students and programs.

“The incredible commitment and generosity the Farmers have to their alma mater speaks volumes,” Crawford said. “It’s this type of vision and leadership that will position Miami at the forefront in groundbreaking programs and solutions that enable all students to excel in the fast-changing global economy.”