Founders Day is the day that the Lynn University community celebrates the founding - and the founders - of the university. The first Founders Day was held on March 29, 2006 to honor Donald and Helen Ross as they retired after 35 years as president and first lady of Lynn University. Every Founders Day since has been held on or around November 1 to mark the date Donald Ross arrived to purchase the library books of the financially troubled Marymount College in 1971.