The $20 million donation will be used to enhance the business school at the private university.
DALLAS — Dallas Baptist University Monday announced a $20 million donation, the largest in the school’s history, to enhance its business school.
The $20 million donation was from Linda Carter, her son, Ron and daughter, Christi Carter Urschel. The school will be renamed the Don and Linda Carter School of Business. Don Carter was an investor known for being a founding owner of the Dallas Mavericks in 1980. He died in 2018 at 84.
“The Carter family’s exceptional generosity rooted in an enduring legacy of faith will shape the future of our students through the Carter School of Business for generations to come,” said Dallas Baptist University President Dr. Adam C. Wright. “The Carter School of Business will forever stand as a testament to Don and Linda Carter’s unwavering belief in the transformative impact of Christian higher education. We are deeply grateful for the vision and trust the Carter family continues to place in DBU to produce future leaders marked by wisdom, ingenuity, work ethic, and integrity for years to come.”
The university’s relationship with the Carter family dates back to 1969, when Home Interior and Gifts founder Mary Carter Crowley began financially supporting the university.
“The Carter family continues the desire to support the educational and spiritual strength of future generations of Dallas Baptist University graduates,” said Ron Carter.
The $20 million donation will be used to enhance academic programs and support new initiatives at the business school.
DBU’s business school offers seven major fields of undergraduate studies and multiple MBA programs.
Dallas Baptist University, a Christian private school in southwest Dallas, offers 77 undergraduate programs and 39 graduate degree programs in total.