Welcome to the Ivy College of Business!
The new school year at Iowa State University has started out like no other. On the second day of school, we proudly announced a $7 million commitment from the Gerdin Charitable Foundation, which provides funding to expand our facility. This has become a high priority for the college due to years of growth and record enrollment. The Gerdin family are long time leaders, friends, and donors to the college. In 1998, Ann and her late husband, Russell Gerdin, provided the foundational gift for the college’s current facility, the Gerdin Business Building. Now, with their help, we are able to expand our facility to accommodate our needs today and in the years to come. Please read more about the Gerdin family and their generous gift here.
A few weeks later, on September 11, 2017, we announced a $50 million naming gift from Debbie and Jerry Ivy of Los Altos Hills, California. Jerry Ivy earned his bachelor’s degree in industrial administration from Iowa State in 1953 and has been a longtime supporter of the college. This gift is the largest-ever commitment to the college. At the time of the gift, there were only 14 other business schools in the country to have received a gift of $50 million or more. We are in good company!
In recognition of the couple’s generosity, the college was renamed the Debbie and Jerry Ivy College of Business.
The Ivys’ commitment is a powerful endorsement of the college, our programs, leadership and vision for the future. Their gift will establish an endowed fund that will eventually provide about $2 million annually to the college for short and long-term priorities.
We are grateful for the Gerdin and Ivy families for their generosity and commitment to the students, faculty and staff here at the college. We are thankful to the many additional donors who make our progress possible.
Our academic programs also continue to grow and receive prestigious rankings. This fall, we launched the first entrepreneurship major at a public university in Iowa, and the eighth entrepreneurship PhD in the country.
Our marketing degree has been ranked #2 in the nation by Schools.com. We’re ranked #6 in the world for supply chain management research, #2 in the world for accounting information systems research. More new programs are being developed, including a masters in real estate.
I invite you to explore our website and learn more about us and the many exciting majors available in the college. Connect with us on social media, through our electronic newsletter, Discover Business, and our magazine, Prospectus. It’s a great time to be in business at Iowa State University!
About Raisbeck Endowed Dean David Spalding
David P. Spalding is the Raisbeck Endowed Dean of the Ivy College of Business at Iowa State University. He is the fifth dean for the college.
Under his leadership, the Ivy College of Business has experienced a 39 percent increase in total enrollment from 2012-2017. Within that enrollment, 69 percent were graduate students, and 38 percent were undergraduate students. Spalding has hired 39 tenured/ tenure eligible faculty. He has raised $85 million from donors, including a $50 million commitment from Debbie and Jerry Ivy that named the college in September 2017. He has increased funding for faculty research by 61 percent and increased the number of students having an international experience by 72 percent (both 2013-2017).
Before arriving in Ames in August 2013, Spalding served for eight years at Dartmouth College in New Hampshire, most recently as senior vice president and senior advisor to Dartmouth’s president.
Prior to Dartmouth, Spalding had a 29-year career in finance in New York City. He began his career in New York with The Chase Manhattan Bank (National Association). He also was a vice president with The First National Bank of Chicago and a senior vice president with GE Capital Corporate Finance Group Inc. He was most recently vice chairman of The Cypress Group LLC, a firm that he co-founded and co-managed.
Over the years he has served on a number of corporate boards and nonprofit organizations, including the Make-A-Wish Foundation of Metro New York.
He received an AB in history cum laude in 1976 from Dartmouth and a master’s of business administration in finance from New York University in 1984.