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MADISON, Wis. (AP) — Two UW-Madison alumni will give $10 million to the university to fund scholarships and attract faculty.
The university says the gift from Tom and Karen Falk, who graduated in 1980, will pay for two scholarships and two endowed faculty chairs in the schools of education and business.
Tom Falk is CEO of Kimberly-Clark Corp. As the oldest of nine children, he was able to attend the university because of a full-tuition scholarship he qualified for because he had worked as a caddie. He earned an accounting degree.
Karen Falk lived at a low-cost women's housing cooperative to make ends meet while attending the university. She earned a teaching degree.
Chancellor Rebecca Blank says the Falks have shown incredible dedication to UW-Madison, and their gift will benefit many future students.
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