Richard Jacobson, an Iowa philanthropist, was recognized today at the IMU by the state Board of Regents for supporting the in-state public universities.

The former University of Iowa business student founded the Richard O. Jacobson Foundation — a project assisting all three of the regernts’ universities in Iowa.

The Richard O. Jacobson Athletics Building at the UI and the Jacobson Athletics Building at Iowa State University are named in recognition of his donations to the schools.

Regent President Craig Lang moved to recommend Jacobson to Gov. Terry Branstad for the Iowa Award — the highest award given to an Iowan.

"His philanthropy over the years is a testimony to his commitment to the young people," Lang said.

— by Alex Sheets