Alumnus Rajen Kilachand (MBA’74) Gives $10 Million to House Honors College Students
Excerpts from BU Today:
The biggest-ever gift to BU just got bigger, and Shelton Hall just got a new name.
Trustee Rajen Kilachand (MBA’74) has boosted last year’s record $25 million gift to what is now called the Kilachand Honors College by another $10 million, which will be used to renovate the Shelton Hall student residence. That building, renamed Kilachand Hall in honor of the donor’s parents, will house Kilachand Honors College students. Both installments of Kilachand’s donation are part of the University’s just-announced $1 billion comprehensive fundraising campaign.
“He has shown us the transformative impact one individual can have at Boston University,” President Robert A. Brown says. “Rajen’s generosity also comes at a historic time for Boston University as we launch our first comprehensive campaign. He is an exemplar for all of us,” with the renamed Kilachand Hall “another permanent reminder of his impact.”
The Kilachand Honors College plans to enroll 400 students by 2016 and offers classes for BU’s highest performing freshmen. Its students enroll in one of BU’s undergraduate schools, but take a quarter of their credits through the college.
The gift and the marriage of the Kilachand Honors College to a dorm “allows us to fully realize the possibilities of a residential honors college at BU,” says Jean Morrison, provost and chief academic officer. “This latest gift completes the creation of this college-within-a-college.…It is a true point of pride for Boston University, and we are thankful to Mr. Kilachand and excited for what the future holds.”
Kilachand announced his initial gift a year ago [in September]. He is the president and chairman of the Dodsal Group, a multinational with engineering, mining, trading, and hospitality interests. He has also given money to programs ranging from AIDS to arts around the world. He earned his MBA at BU and then lost touch with the University. Kilachand credits Brown with reaching out to him and other foreign alumni in recent years to reconnect them with the University.