How a Youthful Friendship Produced $100 Million for Georgetown University

John DeGioia, president of Georgetown University, vividly remembers nearly 40 years ago when he was a student at the university and he met Frank McCourt, then a newly minted Georgetown graduate visiting his younger brother on campus. “We were introduced on Healy Circle,” near Georgetown’s front gates, DeGioia recalls.

DeGioia and McCourt, now a billion-dollar businessman and former owner of the Los Angeles Dodgers, struck up a friendship. Last fall they met for the announcement of the university’s new McCourt School of Public Policy, made possible by a $100 million gift from McCourt.