Hadisur Rahman, JadeTimes Staff
H. Rahman is a Jadetimes news reporter covering the USA

Cleveland State University (CSU) has announced the largest philanthropic gift in its history — a nearly $15 million donation from the estate of Katherine F. McCombs and Walter Lee McCombs. The university unveiled the historic gift during its annual donor event, Radiance, held on Thursday night.
University President Laura Bloomberg expressed deep gratitude for the transformative donation, emphasizing its potential to impact generations of students.
“What an extraordinary moment in Cleveland State’s history. We are so grateful for this historic gift,” said Bloomberg. “CSU made a lasting impact on the life of Walter McCombs and thanks to his and his wife Katherine’s decision to pay it forward, many of our high-need students will have the resources they need to remain focused on their degree programs.”
The majority of the donation will be used to create the Katherine F. McCombs and Walter Lee McCombs Transformative Impact Fund, a permanent endowment dedicated to supporting CSU students facing financial hardship. The fund will help cover tuition, room and board, and other essential academic expenses.
Bloomberg added, “There’s no better way to honor the tremendous generosity of Walter and Katherine McCombs than to provide a transformational education to our students.”
The university community and its supporters have hailed the gift as a defining moment for CSU, aligning with its mission to make higher education accessible and equitable for all.