 The gift resulted in the renaming of the institute, which is now known as the Sanford Burnham Prebys Medical Discovery Institute.In October 2015, Prebys donated $20 million to the Indiana University Kelley School of Business to fund the construction of a new campus amphitheater and the Kelley School of Business Conrad Prebys Career Services Center, which began construction in summer 2015.He visited the campus shortly after the gift was made public, where he was greeted with a warm welcome by students, faculty, and Kelley School of Business dean Idie Kesner.