St. Louis couple makes $20 million pledge to Hollins University
A St. Louis couple has pledged $20 million to Hollins University in Roanoke.
The gift from Elizabeth Hall McDonnell, and her husband, James S. McDonnell III presents the largest single gift commitment in the school’s 175-year history.
The pledge is intended for the university’s unrestricted endowment.
Elizabeth McDonnell is a member of Hollins’ class of 1962 and has served on the university’s board of trustees since 2008.
She and her husband committed $6.5 million last year to fund renovations to the university’s Dana Science Building and Hollins Theatre and to support visiting faculty in the theatre and playwriting programs.
The McDonnells also gave $3 million in 2009 to transform and update the theater space.