The University of Southern California is getting its largest ever donation: a record $200 million from a steel company chairman and his wife.
The university says in a news release Wednesday that the gift goes to the College of Letters, Arts and Sciences, which is being named after David and Dana Dornsife. A Dornsife Scholars Program is also being established.
USC's previous record donation was $175 million in 2006 from "Star Wars" creator George Lucas. The money was used to build a new home for the university's film school.