CHILLY THRILLS PAGE 19
Vol. # 96, Issue # 13
February 20, 2012
DePaul purchases Children’s Memorial Hospital building By PAIGE WAGENKNECHT News Editor
The $30 million man CHUCK BERMAN | MCT Campus In this photo taken Jan. 12, 2000, Richard Driehaus, chairman, CEO and CIO of Driehaus Capital Management, Inc. sits in his Victorian office in Chicago. Driehaus recently donated $30 million to DePaul’s University’s business school, making it the largest sum of money ever donated to DePaul.
Alumni gives record donation to business school By DYLAN McHUGH Contributing Writer DePaul University welcomed the largest donation in DePaul history on Feb. 15: A $30 million contribution to the College of Commerce from Chicago businessman and philanthropist Richard Driehaus. In an email sent to members of the
DePaul community, DePaul University president Rev. Dennis Holtschneider said the funding will directly impact faculty support in the College of Commerce, which will be renamed the Richard H. Driehaus College of Business. “There is no name more appropriate for our renowned school of business than that of an investment pioneer and philanthropist, a first-generation student who came to DePaul and exemplifies success and commitment to community,” Holtschneider said in the email. “We anticipate that Richard’s appreciation for and confidence in DePaul will be repaid in accomplishment and impact by future generations of Driehaus alumni.” The Kellstadt Graduate School of Business,
however, will keep its name. Driehaus previously donated $3.45 million to DePaul in 2002 and also donated money to create the Driehaus Center for International Business in 1993. He is also the chief investment officer of Driehaus Capital Management, which oversees more than $7 billion. The College of Commerce named Driehaus the “Financial Executive of the Year” in 2000 and presented Driehaus with an honorary doctorate degree in 2002. He has also donated to the University of Notre Dame, renovated museums, and provided grants through the Richard H.
DePaul will expand the Lincoln Park campus after Children’s Memorial Hospital moves to a new location, Ann & Robert H. Lurie Children’s Hospital of Chicago, which opens June 9, 2012, at 225 E. Chicago Ave. The university announced last week that it purchased the hospital’s threestory building located at 759 W. Belden Ave., on the southeast corner of Belden Ave. and Halsted St. The building currently contains administrative offices for the hospital. Plans for the building’s use for DePaul are expected to include academic use, but other options are currently being considered. “It’s almost certainly going to be an academic building and we are looking into the possibility of making the new home for the College of Education,” Executive Vice President Bob Kozoman said. “We are in the preliminary stages of working through how that might be configured to serve them well. It will certainly see a quantity of faculty offices and administrative space and some quantity of classrooms.” Kozoman said Children’s Memorial reached out to university president Rev. Dennis Holtschneider, C.M. (during late fall, early winter) and asked if the university would be interested in See HOSPITAL, page 9
See DONATION, page 3
Quirk calendar cuts in to spring break By DAVID WEBBER Contributing Writer If you are the type of person who wishes weekends were five days long and classes occurred only two days a week, imagine what it’s like having the shortest spring break of your life. That’s what some DePaul students face as March rapidly approaches and the weather gets warmer. In a rare calendar twist, the last day of final exams is Monday, March 19, meaning that spring break starts in the middle of the
week on a Tuesday. For many students, this creates a big problem. Having a final on a Monday means that the previous weekend, which could have been part of spring break, is instead a weekend of late-night studying. Students who live outside of Chicago and need to fly home face extra adversity. Not only will they have to pack and prepare to leave during finals, they will have to debate whether or not it’s even rational to go home for such a short period of time, especially with Easter break right around the corner. “I’m not even going home for break,”
said sophomore Christophe Generous, who is from Great Falls, Virginia. “The break is too short. There’s basically no reason to go all the way back to Virginia if there’s no time to enjoy it.” Kelly Johnson is the associate vice president of Academic Affairs and is part of the board that sets the academic calendar each year. She explained that the shortened break is an unavoidable inconvenience. “Our academic calendar is, for the most part, pretty routine. The only time there is a change is when See SPRING BREAK, page 5
BRIANNA KELLY | The DePaulia DePaul purchased the Children’s Memorial Hospital’s 759 W. Belden Ave. three-story building. Children’s Memorial Hospital will move to Streeterville in June.