Alumnus Norm Brodsky donated $10 million to Rider University, the largest gift in the school’s history, university officials said Thursday.

Rider’s 154-year-old business school has been named after Brodsky, a businessman, entrepreneur, and author who attended a naming ceremony at the Lawrenceville, N.J., campus Thursday. It is the first school at the university to be named for an alumnus.

The gift will be used to endow a scholarship for business students and for business school projects, the university said.

“This extraordinary gift exemplifies Norm and Elaine’s [Brodsky’s wife] deep passion for Rider and its students,” Rider University president Gregory G. Dell’Omo said in a statement.

Brodsky got his bachelor’s in commerce with a major in accounting from Rider in 1964. An adjunct professor at Rider, Brodsky founded eight businesses, including CitiStorage, an archive business.