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Simon daughter honors father with $1.5M to IU school of philanthropy

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Cynthia Simon Skjodt, the daughter of late shopping mall magnate Melvin Simon, is donating $1.5 million to the Indiana University Lilly Family School of Philanthropy in honor of her father, the school announced Wednesday morning.

The gift will create the Melvin Simon Chair in Philanthropy, which will help the school "attract and retain world-class faculty members" who will "teach and conduct cutting-edge research at the school to educate future philanthropy and nonprofit leaders," the school said.

Skjodt is making the gift through the Samerian Foundation, which she founded and leads.

The new chair will give the Indianapolis-based school five endowed chairs named for local philanthropists.

Simon, who died in 2009 as a billionaire, co-founded the company that eventually became Simon Property Group Inc., the nation’s largest owner of retail real estate. He was known for his philanthropy, which included millions of dollars to numerous central Indiana not-for-profits.
 

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  • reddog
    Excongresspersons teaching ethics? You must be joking.
  • Giveaway
    Get a degree in philantrophy? Why waste your money. Just run for Congress..membes have a knack for giving it away since it ain't theirs. Maybe ex congree people will apply to each this and ethics.
    • Re: School of Philanthropy?
      If I had a fortune to give away, I would think studying the why/how of philanthropy to be worthwhile in order to be sure to get the most bang for the charitable buck. The school's website also implies they study how to get others involved (fundraising, study of why people are motivate to give to charity, etc).
    • School of Philanthropy?
      A "school of philanthropy?" Do people really spend money on a degree that teaches them how to give money away? Wow, what a world I'm living in...

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