South Carolina’s College of Charleston has received a $2 million gift to support its commercial real estate finance program and its education students.
Part of the gift will be used to create the Buono Endowed Professorship in Commercial Real Estate in the college’s School of Business. Since 2018, the number of declared commercial real estate finance majors at the college has grown from 33 to 190. With the new funds, the college plans to recruit more competitively for a candidate to both teach in its commercial real estate finance program and serve as director of the Carter Real Estate Center.
“The program has grown substantially since it was created a short time ago,” said Mark Buono, who presented the gift with his wife Judy and who is also a professor of practice in finance and interim director of the Carter Real Estate Center. “The program will only continue to be successful with excellent faculty and staff, and we hope our gift will allow the college to attract top-notch faculty.”
The gift will also create the Mark and Judy Buono Endowed Scholarship to support rising juniors, seniors or graduate students majoring in education.
“The college is fortunate to count Mark and Judy Buono as alumni, donors and advocates,” said President Andrew T. Hsu. “Their extraordinary philanthropic investment will move us closer toward our goal of becoming a national university by elevating distinctive programs like real estate and education. Their example of giving back to their alma mater is truly inspiring, and we are grateful for their generosity.”