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Westwood Windfall

It's been a very good month for UCLA: a few weeks after receiving a $100 million gift from alumni Meyer Luskin, the university was gifted another $100 million from MGM-Mirage stockholder Kirk Kerkorian and control of one of his foundations, the Los Angeles Times reported today. The Kerkorian money will allow the school to spend $100 million on its “own research and student support,” while the Luskin bucks are “being split between UCLA’s school of public affairs (which includes the urban planning department) and the construction of an on-campus conference center and hotel.” The UCLA Faculty Association blog says the 282-room campus center will get about $40 million from the Luskin donation, but will need another $80 million in bonds to be completed; work should start in spring 2012. [LA Times/UCLA Faculty Assoc.]

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