Legacy
McGowan's philanthropy continues on in many forms. He established what is now the McGowan Institute for Regenerative Medicine at the University of Pittsburgh Medical Center due to his heart condition. Just before his death, he also established the William G. McGowan School of Business at King's College. Shortly after his death, the William G. McGowan Charitable Fund was founded in his name. DePaul University in Chicago has two science and research buildings named for the McGowan family including Mr. McGowan and his late brother, a Catholic priest. His charitable fund provides tuition assistance and financial aid grants for selected students. The Rochester Institute of Technology created the Center for Telecommunications and the McGowan Student Commons located in the new College Applied Science and Technology building. The National Archives in Washington D.C. established the William G. McGowan theater in his honor.
Mr. McGowan was inducted into the Junior Achievement U.S. Business Hall of Fame in 1992.
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“What is popularly called fame is nothing but an empty name and a legacy from paganism.”
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