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$25 million gift from Tuck alumnus is school’s largest

Staff Report
Published: 9/30/2019 4:51:06 PM
Modified: 9/30/2019 8:58:37 PM

HANOVER — A Czech-born investor who graduated from The Tuck School of Business at Dartmouth 30 years ago is giving the school $25 million, the largest gift in the school’s history.

The money from the Bakala Foundation USA, a family foundation run by Zdenek and Michaela Bakala, will help endow TuckGO, a program established in 2015 that requires Tuck students to either do an exchange term overseas or participate in an “experiential” course project or onsite consulting assignment in a country that is new to them, Dartmouth said in an announcement on its website.

“This is an incredible moment for Tuck and for the generations of students who will benefit from the Bakalas’ extraordinary generosity,” Tuck Dean Matthew Slaughter said in the release. “Their gift ensures that TuckGO, already a vibrant and innovative part of learning at Tuck, will connect students even more to the world’s diversity, dynamism, and innovation.”

Zdenek Bakala graduated from Tuck in 1989, worked as an investment banker in New York, London and the Czech Republican, and in 2004 co-founded BXR Group, an international private investment group. His holdings have included coal mining and media companies.

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