Larry Gies Makes Transformational $100 Million Gift to Illinois Athletics
September 09, 2025 01:56 PMCHAMPAIGN, Ill. — University of Illinois alumnus Larry Gies has made a $100 million gift to the Illinois Division of Intercollegiate Athletics (DIA). The commitment is the largest gift in DIA history and represents one of the largest single gifts ever received by a college athletics program. Gies, whose name also adorns the University's College of Business, is one of the most influential philanthropists in Illinois history, and his unprecedented support will create an immediate and lasting impact for current and future Fighting Illini student‑athletes. In recognition of Gies' contribution, Illinois' Memorial Stadium, just one year removed from its 100th anniversary, will now be known as Gies Memorial Stadium.
Gies is making the gift in memory of his late father, Larry Gies, Sr., a United States Army veteran. His father's unwavering dedication to his country and selfless service left a lasting impression on Gies, who now seeks to preserve his father's legacy through this remarkable gesture. Gies Memorial Stadium will continue to serve as a powerful symbol honoring all soldiers who have fought bravely to protect our nation's freedom. Through this contribution, Gies hopes to inspire remembrance, gratitude, and continued support for our nation's men and women in uniform.
"This gift is about honoring my father, a true patriot, and every brave soul who has worn or will wear the uniform to defend our country," said Gies. "With this investment, we can ensure that this stadium continues to be a place where their sacrifices will never be forgotten—and a shining light for every American who protects our freedom in the future."
"We are profoundly grateful to Larry for this extraordinary gift," said Chancellor Charles L. Isbell Jr. "His generosity not only honors the memory of his father and all who have served, but it also ensures that our stadium will continue to stand proudly as a lasting tribute to the courage, sacrifice, and loyalty of our veterans for the next 100 years and beyond."