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Oklahoma State University has received a $2 million unrestricted gift from ConocoPhillips, university officials announced Monday. Full-text article by Randy Ellis is available via NewsOK.com, 6.2.09. …
Entrepreneur Monte Ahuja, who often credits Cleveland State University with motivating him to launch the company that made him a multimillionaire, donated $10 million to the university — the largest gift in its 47-year history. The money will fund scholarships and the new Monte Ahuja Endowed Chair of Global Business. CSU trustees this morning voted to rename the James J. Nance College of Business as the Monte Ahuja College of Business. Ful…
Baylor University today named Kenneth W. Starr, the former independent counsel who investigated allegations of misconduct by President Bill Clinton, as its new president.The appointment at Baylor, the world’s largest Baptist university, will take effect June 1. Full text article by Nathan Black is available via The Christian Post, 2/16/10. …
The University of Central Missouri had a strong friend in Benoit Wesly. The Dutch entrepreneur funded scholarships. An endowed chair in the business department was about to be created. Wesly’s money built the 80-foot Maastricht Friendship Tower, a campus landmark since 1998. Now, after 20 years, Wesly has withdrawn his support because of an on-air remark by a Warrensburg radio personality who is affiliated with the university. Full text articl…
Montana State University went all out Friday to thank Jake Jabs, the rags-to-riches furniture store magnate, for donating $25 million to build a new College of Business, the largest single gift in the state University System’s history. Jabs at age 80 is still running the Denver-based American Furniture Warehouse chain of 11 stores. “Retirement is for old people,” he said. “Retirement is boring.” Jabs founded the company in 1975 and built it into…
The for-profit university operator Laureate Education has purchased the financially struggling National Hispanic University. Juan Necochea, provost at the 600-student campus in East San Jose, Calif., said the deal “will allow us to become a Latino powerhouse in education.” Full text article by Joe Rodriguez is available via the San Jose Mercury News, 4/20/10. …
Indiana University will receive donations totaling $10.7 million from the estate of late philanthropist Ruth Lilly, the university announced Wednesday morning. The donation comes in the form of two gifts -$8 million for the Center on Philanthropy and about $2.7 million for the Herron School of Art and Design. Full article text is available via Indianapolis Business Journal, 4/6/2011. …
With a lushly-landscaped Coral Gables campus, a plethora of clubs and organizations to choose from, and a fine athletic tradition, one could argue that student life at the University of Miami is pretty darned good. It’s about to get better, school administrators say, after a $20 million donation from a local investment firm gave new momentum to plans for a brand-new, 119,000-square-foot student activities center. The university anticipates begin…
The W.P. Carey Foundation has donated $30 million to the University of Maryland School of Law, the largest gift in its nearly 200-year history, law school officials announced Monday. The donation will go toward faculty support and boosting the endowment, spokesman Jeffrey Raymond said, and the school will be known as the University of Maryland Francis King Carey School of Law. Full article text is available via The Washington Post, 4/25/2011. …
If you met him, you probably wouldn’t know he was a millionaire many times over. He was a physician, who graduated from the University of Buffalo’s medical school during World War II. He practiced medicine in a small community. He lived a private, simple life in a modest house. But he also was a savvy investor, and by the time he died, he had amassed a fortune — much of which he bequeathed to his beloved alma mater. The good do…
