A 1969 graduate of the University of Notre Dame announced his $75 million gift to the school on Friday, the Chicago Tribune reported.
John W. "Jay" Jordan, founder of a private investment firm in Chicago, has now donated a total of $150 million.
According to the Tribune, the money will go toward science and technology research, student and faculty recruitment, and other expenses ranging from lab equipment to grants.
"Although I am not very knowledgeable in the technology sector, I know how important it is for our country to maintain leadership in state-of-the-art technology," Jordan said in a press release. "It is not only critical for socioeconomic reasons but national security as well."
His previous gifts have funded campus buildings and programs including the Jordan Hall of Science, the Jordan Auditorium in the Mendoza College of Business, and numerous scholarships, fellowships, and grants for the business college, athletics, and the Alliance for Catholic Education, a press release said.
Rev. John I. Jenkins, president of the university, thanked Jordan for specifically donating his money toward research efforts.
"We've worked hard to become a preeminent research university. (Jordan's gift) will move Notre Dame forward to become even stronger in the area of research alongside undergraduate education, which will remain important to us," Jenkins said in a press release.
"Words cannot begin to express our deep appreciation for a gift of truly historic proportions."
Jordan, former chair of the Board's Finance Committee, currently chairs the Board's Investment Committee which oversees the school's endowment, the Tribune said.
According to Scott Malpass, UND vice president and chief investment officer, Jordan helped build the school's endowment from less than $1 billion to $9 billion.
"We would not be where we are today without his leadership," Malpass said.
