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The University of Michigan will use a $32.5 million gift to further its art and design education, officials said Thursday.

The gift, one of the largest ever in the nation to an arts and design school, was formally accepted by the Board of Regents during its regular meeting Thursday.

The gift will be matched by $7.5 million from the university – adding a total of $40 million to the school, which will be renamed the Penny W. Stamps School of Art and Design, after the donor, Penny Stamps. The art and design school will become the fourth college on Michigan’s campus to be named after an individual.

“It has been very rewarding for us to be a part of A&D’s growth and development during these past 15 years,” said Penny Stamps. “We have been pleased to see our investments in the school make a compelling difference to the school’s excellence and prominence, and our involvement has escalated as a result.

“We are enormously proud of the programs we support and want to ensure that they continue to benefit students for generations.”

U-M donation (Detroit Free Press)

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