Xavier University Receives $50 Million Gift, Will Bolster Affordability

Xavier University has received $50 million – the largest in the school’s history – to bolster its endowment and affordability.

The significant gift to the Jesuit Catholic school came from Harry and Linda Fath. Harry is the founder of Fath Properties. Linda is a dedicated supporter of local Cincinnati organizations, including Taft Museum of Art, Cincinnati Art Museum, and the Greater Cincinnati Foundation.

“Harry and Linda’s remarkable gift will transform Xavier University as we approach our third century of providing life-changing experiences, one student at a time. This contribution will significantly benefit our endowment, enhancing our ability to make a Xavier education possible for generations to come,” said Xavier President Dr. Colleen Hanycz. “As Xavier launches our next strategic plan, we have spent the past year developing a bold vision for our future, raising our sights in this region and beyond. This gift encourages audacious thinking.”

Harry attributed his character to his Jesuit Catholic education.

“It is our hope that this gift will change thousands of lives for the better and allow for a Xavier education to be available to those who seek the experience,” Harry said.

The Faths are known for their gifts to various organizations.

“Xavier is honored and humbled to be the recipient of this transformational gift,” said Gary Massa, Xavier VP for university relations. “The Faths are true champions of Cincinnati. Their gifts among many – from the Arts to St. Xavier High School, the Lindner Center of Hope, the Cincinnati Zoo, and now Xavier University – leave a lasting legacy that will have an impact on their hometown for generations to come. The Faths have highlighted the Jesuit motto of being Men and Women For and With Others.”