Let there be no doubt as to where the University of Louisville lies in Owsley B. Frazier’s gigantic heart.
The most powerful man in Louisville has made an early Christmas gift to the University of Louisville in the form of a check in the amount of $25 million, the largest gift ever to a university in the state’s history.
“The University of Louisville is my alma mater, as well as my father’s and brother’s,” he noted. “The university makes me proud every day through its economic impact on the region. I give to the University of Louisville because I love it.”
The latest gift raises the total amount he has bestowed upon the University to more than $50 million over several years, including a $1 million gift for the construction of Papa John’s Cardinal Stadium during the ninties and major funding to get Cardinal Park under way. He still attends Louisville football, men’s and women’s basketball games, and other athletic events on a regular basis.
Frazier, immediate past president of the UofL Board of Trustees, holds degrees in law and business administration and an honorary doctorate from UofL. He is the grandson of George Garvin Brown, who founded Brown- Forman Corp., one of the world’s largest wine and spirit companies.
He put no restrictions on the gift, which President Jim Ramsey says will be leveraged so that it becomes $100 million. The University is in the midst of a $1 billion fundraising campaign.
Merry Christmas, U of L.
Click on the photo below for an unedited video of the presentation.
Aerials of Frazier donation impact on campus, downtown.