The capital markets program in the University of Colorado's Leeds School of Business has received $3.7 million in new gifts, according to a university press release.
The program, named the Hernando de Soto Capital Markets Program, received gifts from donors such as El Pomar Foundation, of Colorado Springs, the Charles Koch Foundation, The Solich Fund and Buz and Sherri Koelbel.
The new donations will fund the hiring of tenure and non-tenure-track faculty in the program, which explores property rights, social responsibility and ethics, entrepreneurship, trade and the rule of law and their influences on global markets both in advanced and emerging economies, according to the news release. The program explores the work of Peruvian economist Hernando de Soto.
The program, which has garnered more than $6.9 million in support to date, is anchored by newly redesigned "World of Business" course that launched this fall.
These newest gifts follow a prior commitment by William and Jane Reynolds, who funded an initial endowment of just more than $2 million and committed to give an additional $1.2 million over three years in operating funds.