Northeastern University just cashed its biggest check ever from a pair of alumni.

Richard D'Amore and Alan McKim donated $60 million - the largest philanthropic investment in the university's history.

"Once in a gen­er­a­tion, his­tory is made in the life of a uni­ver­sity. This is one of those moments," said North­eastern Pres­i­dent Joseph Aoun. "This unprece­dented invest­ment will allow our School of Busi­ness to build on its strength in global entre­pre­neurial pro­grams and make a quantum leap for­ward. It will also gal­va­nize our com­mu­nity and allow us to set our col­lec­tive sights even higher."

The gift means the School of Business Administration will be renamed the D'Amore-McKim School of Business. It is the first college or school to be named at Northeastern.


A naming ceremony will be held later this month.

Prior to this grant, the largest contribution to Northeastern was a $20 million gift in 2006.

D'Amore is a co-founder of North Bridge Venture Partners, a venture capital firm based in Waltham. McKim is the founder and head of Clean Harbors, a provider of environmental, energy and industrial services.