In my Google Alert e-mail from yesterday were two stories about universities receiving millions of dollars to support social enterprise initiatives.
Technology entrepreneur James Lee Sorenson donated $13 million to the University of Utah’s business school to establish the James Lee Sorenson Center for Global Impact Investing. The story from Reuters is here.
Also, John Edwardson, a retired CDW Chairman and Chief Executive, donated $5 million to the University of Chicago’s Booth School of Business for its social enterprise initiative. The story from the Chicago Tribune is here.
These large gifts confirm my opinion that law schools are lagging behind business schools in the social enterprise/social entrepreneurship/impact investing space. Thanks to a number of law professors, however, many of whom contribute to this blog, law schools are starting to gain some ground.