The Flatley Company, of Braintree, Mass., announced last fall that it would donate a 38-acre parcel of land in Bedford to Saint Anselm College. The property, which has been the subject of much discussion and debate in town, sits approximately two miles away from campus near routes 114 and 101.

Independent appraisals value the property at about $11 million, making it by far the largest gift in Saint Anselm's history.

"My personal and heartfelt thanks goes to Thomas Flatley (president and CEO)—an exceptional businessman and philanthropist—for making this unprecedented gift possible," said Fr. Jonathan.

"I am thoroughly impressed by the progress and direction of Saint Anselm College," said Dan Flatley, project director and son of Thomas Flatley. "I admire the vision that Fr. Jonathan has for what the college can become in the world of Catholic education."

James Flanagan, vice president for college advancement, added that the commitment is a significant boost to the college's $50-million campaign. "I am humbled by the generosity of Mr. Flatley and have seen him make a meaningful difference on many levels," he said.

Although no immediate plan exists regarding potential use of the property, the college will consider its options over the next few years.