Jay Flaherty (ACCT ’79) and his wife, Mary (MARK ’79) have made a $20 million gift to the University for the construction of a new residence hall, Flaherty Hall, which opened in August for the 2016 fall semester.
The women’s residence hall was formally dedicated to recognize Mary Hesburgh Flaherty, a graduate from one of the first classes to include women. She is a member of Notre Dame’s Undergraduate Experience Advisory Council and serves on the boards of the St. John’s Health Center Foundation, Marymount High School and St. Monica Parish Schools. The niece of the late Rev. Theodore M. Hesburgh, CSC, she and her husband are the parents of three fourth-generation Notre Dame graduates and have three grandchildren.
Jay Flaherty is a member of the University’s Board of Trustees. After earning his MBA from the University of California, Los Angeles, Flaherty spent two decades on Wall Street at Merrill Lynch in a variety of investment banking, capital markets and private equity roles. He served for 11 years as chairman and chief executive officer of HCP, the third largest REIT in the United States. Flaherty currently serves as the managing director of a real estate joint venture with NorthStar Asset Management.
The Flahertys are longstanding benefactors of Notre Dame, having supported several initiatives, including student financial aid, an endowed professorship in psychology, the Malpass Scholars Program and the Hesburgh Library. Most recently, the Flahertys provided the lead matching gift to the Tribute to Father Ted Endowment for the Congregation of Holy Cross.