Eyewitness News Reporter Chantee Lans hosted the eighth annual International Women's Conference at the school's campus in Hempstead.
Hofstra's president said the donation will be used as an annual scholarship fund for students in the business school.
Officials say they are excited to bring the show to fans across the country and this is only the beginning.
There's new controversy surrounding the future of a casino in Nassau County with County Executive Bruce Blakeman announcing a damning accusation against Hofstra University.
The energy-efficient Science and Innovation Center in Uniondale will house the university's nursing and engineering schools and provide students with a state-of-the-art STEM education.
The resort company wants to build a $4 billion hub that would include a casino, hotel rooms, ballrooms and conference spaces, live entertainment venue, restaurants, health club and spa.