Posted Dec 02, 2011 12:25 pm CST
Corrected: A “transformative” $24 million gift by a name partner of Bose McKinney & Evans has already achieved one major change at Indiana University’s law school in Indianapolis—its name.
The money is expected to be used to enhance the school’s faculty and fund merit scholarships for law students.
McKinney graduated from the U.S. Naval Academy in 1946. He earned his law degree, sandwiched between after three years of military service and being recalled to service during the Korean War, in part by attending night classes.
A law school press release notes that he retired from Bose McKinney in 1992 and, until 2005, was chairman and chief executive officer of First Indiana Corporation. It is the parent company of First Indiana Bank, which is now M&I Bank.
The university’s president, Michael A. McRobbie, said at a news conference yesterday that the $24 million gift will have “a transformative effect.”
McKinney, who is grateful for the education he got there, said he hopes it will change IU-Indianapolis from a good law school to a great one, the IndyStar reports.
“I want to see them be among the top 30 law schools in the country,” McKinney said.
Updated at 1:27 p.m. to correctly state that McKinney is a name partner at the firm.
Updated to correctly state that Robert H. McKinney is a name partner at Bose McKinney & Evans.