This university was founded by donations of at least $220 million from Mr. Monaghan's Ave Maria Foundation and 750 acres from Barron Collier Cos., a real estate and agricultural firm.<ref name="Foundation">[http://foundationcenter.org/pnd/news/story.jhtml?id=18000022 Foundation]</ref> A joint venture between Ave Maria Foundation and Barron Collier Cos. is developing 5,000 acres around the university for the public, with earnings from the Foundation's share of the development being allocated towards building an endowment for the university.<ref name="Foundation"/> | This university was founded by donations of at least $220 million from Mr. Monaghan's Ave Maria Foundation and 750 acres from Barron Collier Cos., a real estate and agricultural firm.<ref name="Foundation">[http://foundationcenter.org/pnd/news/story.jhtml?id=18000022 Foundation]</ref> A joint venture between Ave Maria Foundation and Barron Collier Cos. is developing 5,000 acres around the university for the public, with earnings from the Foundation's share of the development being allocated towards building an endowment for the university.<ref name="Foundation"/> |