The Schulich Name
The name Schulich has been cherished over the past 21 years at York University. Schulich has been decorated on Frisbees, chanted at Frosh, and carried across the world.
Have you ever wondered what our name would be if Schulich hadn’t invested $15 million into our school? Would we still be the Faculty of Administrative Studies or would someone else’s name replace his legacy?
Seymour Schulich was born on January 6, 1940 in Montreal, Quebec. He came from a humble background as the son of a Hungarian dress maker. His first job was at Shell Oil. Mr. Schulich received his Bachelor of Science and Master of Business Administration from McGill University. He obtained his Chartered Financial Analyst degree from the University of Virginia. In 2003, he received an Honorary Doctor of Laws degree from York University.
He currently resides in Willowdale, Ontario; is married to Tanna; and has two daughters, Deborah and Judith. Mr. Schulich works in the mining industry as co-founder of Franco-Nevada Mining Corporation and Chairman of Newmont Capital Limited, and has a net worth of $1.32 billion. Mr. Schulich and his partner transformed the mining industry with the introduction of royalty payments. He also published Get Smarter Life and Business Lessons and sold over 100,000 copies globally.
Mr. Schulich is one of Canada’s greatest philanthropists. He is responsible for over $280 million in contributions to Canadian and foreign universities, and medical health centers. This includes:
– Schulich School of Business at York
– Schulich School of Medicine & Dentistry at Western Ontario
– Schulich School of Engineering at Calgary
– Schulich School of Law at Dalhousie
– Schulich School of Music at McGill
– Schulich School of Education at Nipissing
– Schulich Heart Centre at Sunnybrook Health Sciences Centre
His contributions outside of Canada include the Schulich Lecture Hall at the University of Nevada. He also created the Schulich Leader Scholarships, a $100 million scholarship program for students entering STEM fields in Canada and Israel. This is the largest undergraduate STEM scholarship opportunity in either country. In 2000, Mr. Schulich was awarded the Order of Canada and in 2011, he was inducted into the Canadian Business Hall of Fame.
Mr. Schulich’s donation to York University in 1995 was his first and was the biggest in Canadian history at the time. Over the past two decades, he has contributed over $30 million to York, including $10 million towards the modern complex that opened in 2003. His gift funds over 27 annual scholarships and awards, and multiple bursaries which are available to students pursuing their undergraduate, graduate or post-graduate degree. Mr. Schulich continues to be an active member at York University. He is an Honorary Governor on York’s Board of Governors and is a member of the Dean’s Advisory Council at the Schulich School of Business.
Mr. Schulich has and continues to help countless students achieve their ambitions. During an interview, Mr. Schulich shared his family motto; “Often wrong, but never in doubt.” Those are the words behind the name that continues to leave a legacy at the Schulich School of Business. The drive that Seymour Schulich has is unsurpassable and inspirational. It is something that, as Schulich students, must be strived towards.