Chapman University received a $2.5 million gift from the Kay Family Foundation to fund faculty and student research, projects and other activities in the field of data analytics, which is part of the growing field of “big data.”

The fund will be administered by the Argyros School of Business and Economics, and used to develop an ideas that emerge from across Chapman that have potential for the business world or scientific community.

Argyros School Dean Reggie Gilyard said the gift “will provide faculty, students and potentially alumni with resources that enable discovery and impact through the analysis of sizeable data sets.”

The Kay Family Foundation has given often to Chapman efforts. The mission of the Kay Family Foundation is “to promote new models and systems that produce 21st century global leaders, primarily in Orange County.”