Eccles Family Behind Utah Banking Fortune Donates $110 Million To University Of Utah’s Medical School

The Eccles name is already ubiquitous on the University of Utah’s campus, from its David Eccles School of Business to its football team’s Rice-Eccles Stadium. With its biggest single gift yet, the family is now adding the Spencer F. Eccles School of Medicine to its collection.

Two of the family’s foundations announced on Wednesday that they’re partnering to give $110 million to the university’s medical school to support the construction of a new 248,000-square foot building and bolster its endowment and research funding. The school will be named for Spencer Fox Eccles, the 86-year-old third-generation patriarch and former chairman and CEO of banking company First Security Corporation, which Wells Fargo acquired for $2.9 billion in…

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