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IU Receives $3M Gift



The Indiana University School of Public and Environmental Affairs has received a three million dollar gift from Paul O’Neill in what is the largest private donation in the school’s history.

O’Neill is the former U.S. Secretary of the Treasury and Chairman and CEO of Alcoa.

O’Neil says the gift is an indicator of respect for what the program did for him, and the fond memories he has of being a student.

O’Neill earned his Master of Public Affairs degree in 1966 while a fellow in the National Institute of Public Affairs program, a precursor to SPEA.

He credits the late professor Lynton Keith Caldwell, a prominent early SPEA faculty member, as a pivotal influence on a career that included such highlights as his appointment as Secretary of the Treasury under President George W. Bush.