Grove City names business school for Howard Winklevoss after Bitcoin gift

High School Holds Makeup Ceremony For 2020 Graduates LOUISVILLE, KY - MAY 28: The cap of a former student of Jefferson County Public Schools can be seen as they clap within their row during a makeup graduation ceremony at Central High School on May 28, 2021 in Louisville, Kentucky. The makeup ceremony was held to celebrate the students whose graduations were disrupted due the coronavirus pandemic the previous year. (Photo by Jon Cherry/Getty Images) (Jon Cherry/Getty Images)

By Ethan Lott – Data Editor, Pittsburgh Business Times

GROVE CITY, Pa. — Grove City College held a naming ceremony on Nov. 7 for its business school — now the Winklevoss School of Business.

In September, the college announced it had received a $4 million donation from alumnus Howard Winklevoss, a donation made through Bitcoin, the first cryptocurrency donation to Grove City.

Winklevoss said at the naming ceremony that Grove City gave him a shot after he was turned down by Penn State University. The grades on his transcript were high enough for Penn State, but Grove City looked past the grades, as Winklevoss had spend much of his time and energy during high school into restoring a 1932 Model A Ford hot rod, according to a release from the college about the naming ceremony.

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