Catholic Diocese of Cleveland

1404 East 9th Street | Cleveland, Ohio 44114

John Carroll University receives $15 million to create business college, two new schools

John Carroll University announced on May 15 that it received a $10 million gift to establish the John M. and Mary Jo Boler College of Business. The Boler Family Foundation made the historically significant gift to the Jesuit Catholic university in University Heights in memory of John Boler, a 1956 JCU graduate.  In 2016, the year in which Boler died, the Boler School of Business celebrated 20 years of being named in his honor. The Boler School will be transformed into the Boler College, and will include two new schools: the School of Accountancy and Information Science, and the School of Leadership and Social Innovation.

“I’m thrilled to be joining John Carroll at such an exciting time in the university’s history,” said Michael Johnson, JCU’s new president.  “The vision for what the Boler College can achieve with new schools and programs will have a powerful impact on how we teach and prepare our students for careers in business.”

In announcing the investment, the Boler family is supporting the university’s launch of the “Inspired Lives Campaign” for the new business college and its schools.

“We honor our father’s legacy and commitment to John Carroll University by making this leadership gift. We challenge others to join us by investing in this innovative Jesuit business education for a changing world,” said Matt Boler, John Boler’s son, on behalf of the family.

The family’s gift will endow the dean’s position in honor of their late father. Matt’s mother, Mary Jo Lombardo Boler, and siblings, Judy Boler McCormack, Jill Boler McCormack, Jim Boler and Mike Boler, were present for the announcement.

Several John Carroll board members have pledged an additional $5 million in gifts.

“The Boler gift will make a tremendous difference for our students who are seeking to make a powerful impact in the world of business, benefiting from our focus on the role of business as a catalyst for solving the social, environmental and technological challenges that we face in America and around the world,” said Alan Miciak, dean of the newly announced Boler College of Business. He added his gratitude for the Boler family and the JCU board of directors’ gifts

Miciak marked the occasion by kicking off the $25 million “Inspired Lives Campaign” on behalf of JCU. The campaign centers on the immediate transformation of the Boler School of Business to the Boler College of Business.

For more information on the new Boler College of Business, click HERE.

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