Daniel Riccio, a retired Apple executive who worked at the company for nearly 30 years, made a $50 million donation to the University of Massachusetts Amherst. UMass called it a "historic" donation that is the largest ever made to the school.

UMass said the money will benefit the campus engineering program.

As a result of the donation, which was announced Monday, the university Board of Trustees voted to rename its College of Engineering in Riccio's honor.

Historic UMass donation

The university said the money will support scholarships, fellowships and professorships, in addition to funding new research at the Daniel J. Riccio, Jr. College of Engineering.

"We are deeply grateful to Dan for his transformational gift and commitment to the future of engineering at UMass Amherst," UMass Am

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