Citation: Updated B-W History, n.d.
Kamm Hall was built on the original site of the Methodist Children's Home, resulting in the removal of the old sandstone structures. The groundbreaking for the new hall occurred as part of the 129th Founder's Day ceremonies on October 17, 1974, at 4:15 p.m. It was dedicated on September 26, 1976. The building was intended to house College's Division of Business and Departments of Economics and Mathematics. It also serves the Master of Business Administration, which was a new program at the time. The Department of Mathematics has since been placed in the Loomis Math and Computer Science Center.
The hall was built to replace the 66 year-old Ott Memorial Hall as the business on campus. The structure is of the Georgian-Colonial style and was built at a cost of $2 million. It is located on Center St. east of Emsthausen Hall and has an area of 41,000 sq. feet with two stories. Heine, Crider, and Williamson of Berea were the architects and the R. S. Ursprung Co. of Cleveland completed Phase I of the project, and Wilson Bennett, Inc. of North Royalton finished Phase IL The building has classroom space and supporting teaching facilities, lecture and conference rooms, a data-processing room and faculty and administrative offices. The building has an all electric heating and cooling system.
An initial investment of $100 launched by Dr. Kamm during his time as head of B-W's School of commerce provided the initial funds for the building. In addition, a $600,000 grant was received from the U.S. Department of Health, Education, and Welfare under Title I. The major contribution came from an $800,000 anonymous gift made during the 125th Anniversary Campaign along with numerous gifts from alumni and friends and business and industiy throughout the state. In 1975, the Kresge foundation approved a challenge grant for the project which was matched by additional gifts. Through these efforts, the hall was completely financed through gifts and grants, while an endowment fund was established to assist with operational costs.
The hall was named in honor of Dr. Jacob 0. Kamm. Dr. Kamm was a 1940 Summa Cum Laude of B-W where he had a perfect A record for all four years. For his efforts, he earned the Milton T. Baldwin Prize as top senior and membership in Phi Beta Kappa. He received his master's degree in economics and his doctorate from Ohio State in international finance and investments while he taught there. He then returned to B-W to head the School of Commerce, which became the college's largest division, comprising a third of the student body. The $100 investment he made while an economics professor at B-W grew into the $200,000 that initially funded the building of Kamm Hall in 197 4.
Kamm, who was considered one of the nations foremost economic and corporate management executives, later served as a college Trustee and was on the Executive Committee and the Investment Committee. After leaving B-W as a professor in 1953, Kamm was named vice-president of the Cleveland Quarries Co. and president of the company 1955. He was named as chairman of the Board of Directors in 1967. He also served as chairman of the executive committee and president twice of the American Shipbuilding Company in Lorain. At the time of the dedication of Kamm Hall, Dr. Kamm was a business and financial consultant for major companies as well as a lecturer, columnist, portfolio manager, and member of various boards and associations. He authored over 80 books and articles on business and finance, including his book Making Profits in the stock market, which was a national bestseller and has appeared in five editions. His biography appears in several publications including Who's Who in the World, Who's Who in America, International Businessman's Who's Who, and International Yearbook and Statesmen's Who's Who.