ITHACA, NY (607NewsNow) – A Big Red alum and his spouse are investing in future Cornellians.

On July 22, the School of Industrial and Labor Relations (ILR) announced a $10 million gift from Ed Baum, ’81, and his wife, Holly Wallace.

The Baum and Wallace Family High Road Endowment will lend support, fund stipends, and subsidize housing for Cornell’s High Road NYC program, a pilot that began in 2023 and offers students engaged learning and leadership opportunities.

The $10 million gift is the largest one-time donation in ILR School history. Read more from Cornell here.