Big changes are coming to a local university here in Western New York.

According to Niagara University's website, the University just received the largest donation in the university's history.

Niagara University announced that Jeff and Mary Helen Holzschuh have pledged a gift of $10 million to the university

With the donation, Jeff and Mary Helen become the largest benefactors in the history of the university. In recognition of their donation, the university will rename the college of business to the Holzschuh College of Business Administration.

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Jeff Holzschuh is a 1982 graduate of Niagara University and has spent the past 40 years working for Morgan Stanley.

Mary Helen is also a 1982 graduate of Niagara University and has spent time working as a nurse at several hospitals including Strong Memorial in Rochester, New York.

According to the university, a majority of the $10 million donation will be used to support the university’s Trustee Scholarship Program for students in the Holzschuh College of Business Administration and the College of Nursing.

You can watch the press conference announcing the donation.

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