The University of Vermont is expanding its business school with a project funded by a late alumnus.
Family, friends and school leaders broke ground on the UVM campus Friday for Ifshin Hall.
Steve Ifshin went to the Grossman School of Business at UVM, graduating in 1958. He died late last year, after donating $1.75 million to the UVM Foundation. This gift is going to add a building to the business school.
His son and business partner, Adam Ifshin, says his dad became more involved with his alma mater just over a decade ago, after he stepped back from the business they shared.
“He went from a standing start eleven and a half, almost 12 years ago to a level of involvement at all levels. He liked nothing better, than sitting and talking to students and making them a little crazy with guessing how old he was, and what he did,” Adam Ifshin said.
Adam Ifshin recalled how his father never thought of himself as a person who would “have his name on a building,” which got a chuckle from the crowd.
Ifshin Hall is expected to be complete in the summer of 2018.
It’s not the only spot expanding on campus. The Elihu B. Taft School, located on he corner of South Williams and Pearl streets, will be renovated to create the first integrated center for creative arts at the university.