Georgetown University said Monday it has received a $10 million gift to launch a center to test ideas from students who want to solve “some of the world’s most pressing problems.”

The gift from philanthropists Alberto and Olga Maria Beeck will fund the Center for Social Impact and Innovation at the nation’s oldest Catholic university. The Beecks, according to an Associated Press report, are parents of two current Georgetown students. Olga Maria Beeck is also a Georgetown alumna. The center, which will bear their name, will be a unit of the provost’s office.

Georgetown’s largest single donation, announced in September, was $100 million to found a school of public policy.