A big gift for the University of Wisconsin. Tom and Karen Falk graduated from UW Madison 35 years ago, and are donating 10-million dollars to their alma mater. The UW says the gift will provide two annual scholarships, and two endowed faculty chairs in the schools of business and education.
Tom Falk is the CEO of Kimberly-Clark. He worked as a golf caddy while attending UW. Karen Falk worked behind the counter at Rennebohm’s pharmacy.
“I believe that the best people are in every corner in society, and we want to make sure the best people in society have a chance to rise up,” Falk said. “So we have devoted some scholarship money to make sure the best and brightest students have a chance to get an education.”
Chancellor Rebecca Blank said both Falks have shown tremendous dedication to the UW, and their gift will help many students in the future.