WACO, Texas (AP) - A Baylor University alumnus has given the school $35 million to help build a new business school and football stadium.
Baylor said Tuesday that the gift from Paul L. Foster is the largest gift from a living alumnus in the school's history. Foster, of El Paso, graduated from the school in 1979. He's the chairman of the board and executive chairman of El Paso-based Western Refining Inc.
His gift will support the university's $100 million campaign to construct a new 275,000-square foot facility for Baylor's Hankamer School of Business. The building will be named the Paul L. Foster Campus for Business and Innovation.
His gift also will support Baylor Stadium, which is currently under construction. The $250 million on-campus stadium is set to open in fall 2014.
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