New Orleans, La. - Tulane University announced several major donors to its new on-campus football stadium and revealed the facilities that will bear their names.
The new on-campus stadium will be named Yulman Stadium to recognize the generosity of Richard and Janet Yulman. Richard Yulman is the retired chairman and owner of mattress manufacturing giant Serta International as well as a member of the Board of Tulane, the university's main governing body. Yulman donated $15 million toward construction of the $55 million facility, which will open in time for the 2014 football season.
The Yulman family wanted to make a transformative gift. Their investment in the new stadium, by providing a home field advantage for the football program, along with recreational opportunities for the Tulane student body and members of the community, will signal a metamorphosis in Tulane Athletics.
Well-known for his philanthropic activities, Yulman serves as chairman of the Greater Miami Jewish Foundation and Philanthropic Fund and vice president of the Greater Miami Jewish Federation. In 1988, Yulman and his wife, Janet, sponsored 96 elementary school students in Albany, N.Y., pledging to pay for the students' college tuition once they earn their high school diplomas. Yulman is also a mentor for a Miami-Dade public elementary school as part of Partnership to Advance School Success, Florida's plan to increase student achievement statewide.
At a press conference this afternoon, the university also announced two additional major gifts to the stadium project.
The new football field will be named Benson Field after New Orleans Saints owner Tom Benson and his wife Gayle, who donated $7.5 million to the project.
In 2010, after 25 years of Tom Benson's leadership, the New Orleans Saints' first-ever Super Bowl victory became a symbol of the city's rebirth after Hurricane Katrina. Now, the Gayle and Tom Benson Charitable Foundation is providing the naming gift for Benson Field, which will inspire and unite the university community in the same way the Saints' win did for New Orleans two years ago.