Ira A. Fulton

Ira Amond Fulton (born November 12, 1931) is an Arizona philanthropist, land developer, businessman, and founder of Fulton Homes, a home construction company based in Tempe, Arizona. In 2006, BusinessWeek listed Fulton 36th on its list of "The 50 Most Generous Philanthropists.".[1] The Arizona Legislature has also recognized his generosity.[2]

According to BusinessWeek, Fulton and his wife, Mary Lou, had given away about $265 million, approximately 60% of their net worth as of 2005.[3] Major recipients include Arizona State University (ASU), Brigham Young University (BYU),[4] the University of Utah,[5] Utah Valley University (UVU),[6] the Huntsman Cancer Institute,[7] and The Church of Jesus Christ of Latter-day Saints. A major donation project by Fulton for UVU happened in 2007, and in 2014 he pledged to donate $1 million towards BYU's new engineering building. In 2004 and 2005, the Fultons had donated $20 million to BYU to create 4 chairs named for Mary Lou Fulton.[8] By October 2015, they had given $50 million to BYU, including $20 million donated in October 1999 to help the Lighting the Way Campaign reach a $400 million goal.[9]

Several buildings or facilities at higher education institutions are named in honor of the Fultons. These include ASU's Ira A. Fulton Schools of Engineering,[10] BYU's Ira A. Fulton College of Engineering and Technology,[11] ASU's Mary Lou Fulton College of Education,[12] BYU's (Mary Lou) Fulton Supercomputing Lab,[13] and UVU's Ira A. Fulton and Mary Lou Fulton Library.[14]

Fulton was born in Tempe, Arizona. As a student at ASU, Fulton played football. Before becoming a real estate developer, Fulton owned a wide variety of businesses, including factories, insurance companies, auto parts stores, and tire stores. One of the most successful businesses was a men's clothing chain he owned from 1976 to 1995.[15]

Fulton was one of Arizona's presidential electors in the 2004 election.[16]

At BYU, Fulton has been a primary force behind formation of the BYU Center for Animation.[17]

Fulton's wife, Mary Lou, died in October 2015.

References

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