A Boston University alumnus whose donation in 2000 helped establish the college’s Pardee Center for the Study of the Longer-Range Future has provided an additional $7 million gift to support the initiative, BU announced.
Frederick Pardee, a Bolton native who earned both bachelor’s and master’s degrees from BU in 1954, has now given nearly $20 million to the university over his lifetime.
“I was very appreciative of the fact that BU provided me with a scholarship,” Pardee said in the statement.“My time at BU would have been much more difficult had I had to work between classes.”
In particular, he cited the the School of Management for nurturing his vision and inspiring him to be “a dreamer of the future,” the college said.
He made his fortune running an apartment-building firm in Los Angeles.
Pardee’s $7 million gift will support the center’s activities, said BU Provost Jean Morrison.
“One of the critical aspects the Pardee Center focuses on is the human condition and how we can work to improve the quality of the human condition,” Morrison said in the statement.
Glenn Vivian, director of planned giving at BU, said Pardee’s gift puts him on the school’s list of its strongest financial supporters.
In 2011, Dubai-based entrepreneur Rajen Kilachand pledged $25 million to BU, the largest single donation in the university’s history. Last fall, media mogul Sumner Redstone donated $18 million to BU’s School of Law.
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