Roy E. Crummer donated a million dollars for the construction and endowment of a building for the Crummer Graduate School of Business. The building was designed by James Gamble Rogers II and was dedicated in 1966. The building is equipped with state-of-the-art classrooms, faculty offices, and SunTrust auditorium.
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Roy Crummer came to Florida in 1926 during the aftermath of a hurricane which devastated the state. He inspected the damage and remained in Florida to deal with a more serious problem he discovered. After the boom in the ’20s, Florida found itself ready to default on millions of dollars worth of bonds. Roy Crummer is credited with the ideas and politicking that saved the state’s financial wellbeing. He spent 15 years working on the rehabilitation of Florida’s huge public debt.
At the dedication of the Crummer business school, President Hugh McKean said, “The Roy E. Crummer building is a tribute to this humble man who literally saved the credit of Florida following the debacle of the late twenties.”