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Mat Ishbia, former basketball player, makes $32M donation to Michigan State athletics

Just weeks after Mat Ishbia took United Wholesale Mortgage public, the former walk-on basketball player at Michigan State is giving back to his alma mater.

On Thursday, Michigan State University announced the president and CEO of the nation’s No. 1 wholesale mortgage lender is donating $32 million to the school’s athletic program, the most donated to the university at one time.

“On behalf of the university, we are deeply grateful to Mat and his generosity and strong commitment to a place that clearly had a strong impact on his life,” MSU President Samuel L. Stanley Jr said.