The University of Kansas has received a historic gift of $300 million from alumnus David G. Booth, the largest single gift in college athletics history. This unprecedented donation will propel the Gateway District’s next phase, which includes private and civic investment for a new hotel, retail spaces, student housing, improved parking, and an outdoor event plaza.
Booth, a renowned investor and founder of Dimensional Fund Advisors, has committed $75 million to challenge other donors to join him in completing the vision. The remainder of his gift will generate a steady stream of income that will strengthen KU Athletics across generations.
“We are profoundly grateful for David’s leadership and extraordinary impact on generations of student-athletes and fans,” said KU Athletics Director and Vice Chancellor Travis Goff. “This gift accelerates phase II of the Gateway District and inspires others to step up and join in completing this vision.”
Booth, a graduate of both Lawrence High School and KU, has a long legacy of support for the university, having provided foundational gifts in 2017, 2008, and 2004. His philanthropy extends across areas, including the arts and academics.
The gift is not just remarkable for its scale but also for what it will accomplish. It will propel the Gateway District’s next phase, enabling KU to cement itself as a national leader in college athletics. With revenue sharing and changes in NCAA and conference dynamics, Booth’s generosity will help KU take the next step in excellence.
“I feel the same inspiration that I felt as an usher in the stadium in 1960,” Booth said, expressing his excitement to get back to the stadium for the upcoming football season opener.
Source: https://kuathletics.com/news/2025/8/13/football-ku-athletics-receives-historic-300-million-gift-from-longtime-donor-and-alumnus-david-booth