Jack Gilbert, chairman of the board of TOLD Corp., has pledged the largest gift in the history of California Lutheran University. Gilbert, whose family name will grace the new Gilbert Sports and Fitness Center, has given CLU a $5-million gift.

Gilbert, a former member of the CLU Board of Regents, and his wife, Carol, already gave more than $4 million during the recent “Now Is the Time” capital campaign to be used for the 96,000square-foot building currently under construction.

In making this gift announcement, Gilbert and his wife encouraged others to step forward to help CLU, the largest private university in the region, realize its vision by maintaining the pace and momentum of the current campus development.

The Gilberts’ latest gift isn’t only the largest cash contribution in CLU’s history but also one of the largest ever in the region. They have asked that a portion of the gift be designated for the construction of a president’s residence, with the balance being used for other campus enhancements.

The Board of Regents will determine how the remainder of the Gilbert gift and other donations will be prioritized in support of new educational and other facilities as well as endowed scholarships, professorships and programs.

California Lutheran University is at 60 W. Olsen Road, Thousand Oaks.