WINDSOR, ON – Canadian billionaire Ron Joyce, who built a fortune by turning Tim Hortons into an iconic Canadian brand, made a $10 million donation to the University of Windsor to be used towards bursaries for financially challenged students from the area.
The $10-million, lump-sum gift is the single largest donation in the 157-year history of the university and will be the seed money to create the Ed Lumley Bursary.
Lumley is chancellor of the university, a close personal friend of Joyce and a member of the executive board of The Joyce Foundation.
Windsor is the first university at which The Joyce Foundation has created this type of bursary. The number of bursaries to be awarded annually is yet to be determined.
President Wildeman said the University will honour Joyce’s generosity by renaming its new Innovation Centre on Wyandotte Street after him. It will now be known as the Joyce Entrepreneurship Centre which will be the main home for the Centre for Entrepreneurship and Innovation (EPICentre) and it’s Startup Incubator. The Joyce Entrepreneurship Centre is located at 2455 Wyandotte St. W., Windsor, ON.