John Carroll University has received a $1 million gift from Charles J. and Katie Koch in support of the Forever Carroll Campaign. The couple’s gift will establish the Charles “Bud” and Katie Koch Endowed Professorship in International Business and Finance in the John M. and Mary Jo Boler School of Business at John Carroll. The University’s Forever Carroll Campaign was launched in May and $72 million has been raised, to date, toward the $100 million goal.
Mr. Koch is a past chair of John Carroll’s Board of Directors. He is the former chairman, president, and chief executive officer of Charter One Financial, and has served on a number of boards for organizations, including: the Federal Home Loan Bank of Cincinnati; Case Western Reserve University; Assurant, Inc.; and Home Properties, Inc. Mrs. Koch is a longtime member of the Board of Directors for the Hattie Larlham Foundation in Cleveland.
“In my opinion, the Boler School is the crown jewel of John Carroll and I have been very impressed with the graduates,” said Mr. Koch. “We live in a global business community. For that reason, Katie and I appreciate that John Carroll provides a well-rounded, top-quality education for young people so they can be prepared for a rapidly changing economy. Another key factor for us is that the majority of JCU students whom we’ve met feel strongly about using their talents to volunteer and make a difference right here in Ohio and around the world.”