January 28, 2011

Animal feed company president donates US$100 million to UCLA

Animal feed mogul Meyer Luskin and his wife, Renee, have donated US$100 million to the University of California, Los Angeles (UCLA). The 85-year-old Luskin, a UCLA alumnus who lives in Brentwood, is president and chairman of Scope Industries, a Santa Monica-based firm that recycles bakery waste into an ingredient in animal feed.

Half the gift goes to the UCLA School of Public Affairs to support teaching and research in public policy, urban planning and social welfare. The rest goes toward construction of an on-campus hotel and conference center.

"I live and work in the region and wanted to give back in a creative and unique way that helps UCLA to continue its important work with the broader community," Luskin said. "In addition to educating students, providing them a way to improve their lives, and conducting research, UCLA should apply faculty expertise to help address our society's biggest issues, and I am appreciative of being able to contribute to those ends."

The school says the Luskin gift is the second largest ever to UCLA, topped only by entertainment industry mogul David Geffen's US$200 million medical school donation in 2002.

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.

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