Foreclosures during the Great Recession added to thousands of blighted properties in Columbus. But, a state program helped fund demolition of many of those houses and apartment units.
Limited Founder Les Wexner Gives OSU $100 Million
The founder of Victoria’s Secret parent company Limited Brands Inc. is giving a record-shattering $100 million gift to Ohio State University.
The donation from Les Wexner and the Limited Brands Foundation was announced by Ohio State President E. Gordon Gee in an e-mail Wednesday morning. Gee says the largest gift in the university’s history will go mostly toward Ohio State University Medical Center and its cancer hospital and research institute.
Wexner is an alumnus of Ohio State and chairs the university’s board of trustees. In a video posted on the school’s website, he says he never would have started his business had it not been for the education he received at Ohio State.
Columbus-based Limited operates Bath and Body Works and other retail chains.