The allotment of more than $800,000 will be used for mental health resources.
Temple made the list of 12 finalists chosen from the original 20, but will no longer be considered.
The university is one of eight schools in the American Athletic Conference that is still a candidate for the major conference.
The donation from former field hockey player Cherifa Howarth and her husband Greg will help complete construction of the field hockey and lacrosse field set to open this fall.
La Salle hired former Temple Athletic Director Bill Bradshaw as its interim director of intercollegiate athletics and recreation on Monday.
After the mid-season suspension and later firing of former coach Aaron Murphy, the department sought out a new staff, headed by Umme Salim-Beasley.
Newly-appointed Athletic Director Pat Kraft updated The Temple News on the status of the university’s athletic department Oct. 14.
McElroy fills the positions vacated by Kristen Foley, who left Temple to become an assistant basketball coach at Lafayette.
Angelos brings with him more than 20 years of experience in collegiate athletic administration.
President Theobald announced Pat Kraft as the new athletic director, while Kevin Clark will be stepping into the newly created role of executive vice president and chief operating officer subject to approval from the Board of Trustees.