| Kali Prasad |
Posted
on 03-May-01 06:30 PM
Largest Private Gifts to Higher Education Since 1967
This list was published in The Chronicle of Higher Education Almanac on September 1, 2000. Additions to the list since then appear in bold italics. Last updated on May 3, 2001. Supplements to earlier gifts are counted separately.
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Gates Millennium Scholars program: from the Bill and Melinda Gates Foundation, $1-billion over 20 years; cash; 1999*
Stanford University: from the William and Flora Hewlett Foundation, $400-million; cash; 2001*
Rensselaer Polytechnic Institute: from an anonymous donor, $360-million; nature of gift not disclosed; 2001*
Massachusetts Institute of Technology: from Patrick J. and Lore Harp McGovern, estimated at $350-million over 20 years; cash; 2000*
Vanderbilt University: from the Ingram Charitable Fund, $300-million; stock; 1998*
Emory University: from the Lettie Pate Evans, Joseph B. Whitehead, and Robert W. Woodruff Foundations, $295-million; stock; 1996
New York University: from Sir Harold Acton, a 57-acre Italian estate, a collection of Renaissance art, and at least $25-million in cash with a value estimated by the university of at least $250-million and perhaps as much as $500-million; 1994*
University of Colorado System: from William T. Coleman III and Claudia Coleman, $250-million; stock; 2001*
University of California at San Francisco: from the estate of Larry L. Hillblom, up to $240-million to establish the Larry L. Hillblom Foundation, which will support medical research at the university and be of benefit to other charities; stock, land, and other assets; 1998*
Franklin W. Olin College of Engineering: from the F.W. Olin Foundation, at least $200-million to establish the college; cash; 1997*
Furman University: from the estate of John D. Hollingsworth Jr., $150-million to $200-million; real estate and other assets; 2001*
Stanford University: from James H. Clark, $150-million; nature of gift not disclosed; 1999
Polytechnic University: from Donald and Mildred Topp Othmer, $144.2-million; cash; 1998*
DePauw University: from Ruth Clark and Philip Forbes Holton, $128-million; stock; 1997
Louisiana State University: from Claude B. (Doc) Pennington, $125-million; stock and gas-and-oil royalties; 1981*
University of Nebraska: from Mildred Topp Othmer, $125-million; cash; 1998*
University of Utah: from Jon M. Huntsman, $125-million; cash; 2000*
LaGrange College and Mercer University: from Remer H. and Emily Fisher Crum, $123-million; real estate; 2000*
University of Pennsylvania: from Walter H. Annenberg, $120-million; cash; 1993
University of Southern California: from Walter H. Annenberg, $120-million; cash; 1993
University of Southern California: from Alfred E. Mann, $112.5-million; bequest; 1998*
University of Southern California: from the W.M. Keck Foundation, $110-million; cash; 1999*
Emory University: from Robert W. Woodruff, $105-million; stock; 1979
Indiana University at Bloomington: from the Lilly Endowment, $105-million; cash; 2000
University of Mississippi School of Education, Barksdale Reading Institute: from James L. and Sally Barksdale; $100-million; stock; 2000*
Cornell University: from an anonymous donor, $100-million; nature of gift not disclosed; 19991
Cornell University Medical College: from Joan and Sanford I. Weill, $100-million; nature of gift not disclosed; 1998*
Massachusetts Institute of Technology: from Kenan E. Sahin, $100-million; nature of gift not disclosed; 1999*
Princeton University: from Gordon Y.S. Wu, $100-million; cash and securities; 1995*
Regent University: from the Christian Broadcasting Network, $100-million; interest-bearing note convertible to stock; 1992*2
Rowan University: from Henry M. and Betty L. Rowan, $100-million; stock and cash; 1992*
Scripps Research Institute: from L. Samuel and Aline W. Skaggs, $100-million; cash; 1996*
University of North Dakota: from Ralph and Betty Engelstad, $100-million; cash, stock, and other assets; 1998*
University of Pennsylvania: from the Abramson Family Foundation, $100-million; cash; 1997*
Washington University (Mo.): from the Danforth Foundation, $100-million; stock; 1986
Washington University (Mo.): from the Danforth Foundation, $100-million; stock; 1997
University of Utah: from Jon M. Huntsman, $90-million; cash; 1995*
Yale University: from the estate of Paul Mellon, $90-million; 155 works of art; historical and personal objects; 1999*
Emory University School of Theology: from the estates of W.I.H. and Lula Pitts, $83.3-millon; trust; 1999
Young Harris College: from the estates of W.I.H. and Lula Pitts and Margaret Adger Pitts, $82-million; trust; 1999
Iowa State University: from Raymond and Mary Baker, $80-million; stock; 1999*
Stanford University: from William R. Hewlett and David Packard, $77-million; cash and securities; 1994*
Harvard University: from Edward Mallinckrodt, $75.5-million; securities; 1982
Florida International University: from Mitchell Wolfson, a museum and its collection, with a value estimated by the university of $75.5-million; 1997
Mount Sinai School of Medicine: from the Frederick and Sharon Klingenstein Fund, $75-million, cash and securities; 1999*
Harvard University: from John L. and Frances Lehman Loeb, $70.5-million; cash; 1995*
Liberty University: from Arthur and Angela Williams, $70-million; cash; 1997
Stanford University: from David and Lucile Packard, $70-million; stock and cash; 1986
University of Cincinnati Medical Center: from the estate of William A. French, $70-million; trust; 1999*
California Institute of Technology: from Rea and Lela Axline, $60-million; cash; 1999
Columbia University: from John W. Kluge, $60-million; cash, stock, and bonds; 1993*
Georgetown University Medical Center: from the estate of Harry A. Toulmin Jr., $60-million; charitable trust; 1997*
Harvard University Medical School: from Isabelle and Leonard Goldenson, $60-million; planned gifts of an undisclosed nature; 1994*
Illinois Institute of Technology: from Robert W. Galvin, $60-million; cash; 1996*
Illinois Institute of Technology: from Robert A. Pritzker, $60-million; cash; 1996*
University of Mississippi: from the Joseph C. Bancroft Charitable and Educational Fund, $60-million; trust; 1997
University of Virginia: from Frank Batten Sr., $60-million; stock; 1999
The Johns Hopkins University: from an anonymous donor, $58.5-million; cash; 2001*
Asbury Theological Seminary: from Ralph Waldo Beeson, $58-million; stock and bonds; 1990
University of Miami: from James L. Knight, $56-million; charitable trust; 1986*
Berry College: from J. Bulow Campbell, $55-million; charitable trust; 1995
Columbia Theological Seminary: from J. Bulow Campbell, $55-million; charitable trust; 1995
Johns Hopkins University: from Michael R. Bloomberg, $55-million; cash; 1995
Princeton University: from Peter B. Lewis, $55-million; nature of gift not disclosed; 1999*
Washington University (Mo.): from the Danforth Foundation, $55-million; stock; 1986
Samford University: from Ralph Waldo Beeson, $54.8-million; stock and bonds; 1990
Texas A&M University: from Dwight Look, $52-million; land; 1992
Pepperdine University: from Blanche Ebert Seaver, $51.7-million; cash and stock; 1996
University of Houston: from John and Rebecca Moores, $51.4-million; stock; 1991
Georgia Institute of Technology athletics department: from the estate of Lee Edwards Candler, $50.5-million; stock; 1999
Brown University: from Walter H. Annenberg, $50-million; nature of gift not disclosed; 1993*
California Institute of Technology: from the Arnold and Mabel Beckman Foundation, $50-million; cash and stock; 1986*
Columbia University School of Public Health: from the William H. Gates Foundation, $50-million; cash; 1999*
Cornell University Medical College: from an anonymous donor, $50-million; charitable trust; 19831
Drake University: from Dwight D. Opperman, $50-million; cash and charitable remainder trust; 1997*
Johns Hopkins University: from the Zanvyl and Isabelle Krieger Fund, $50-million; cash; 1992
Keck Graduate Institute of Applied Life Sciences: from the W.M. Keck Foundation, $50-million; cash; 1997
Stanford University: from William R. Hewlett, $50-million; cash and stock; 1986
United Negro College Fund: from Walter H. Annenberg, $50-million; cash; 1990*
University of Arizona College of Law: from James E. Rogers, $50-million; cash; 1998*
University of Arkansas: from the Walton Family Charitable Support Foundation, $50-million; cash; 1998
University of Oklahoma: from Clara Weitzenhoffer, bequest of $50-million; art; 2000
University of Richmond: from E. Claiborne Robins, $50-million; stock; 1969
University of Saint Thomas (Minn.): from Richard M. and Sandra Schulze, $50-million; cash and stock, to be transferred over a period of three to five years; 2000*
University of Texas at Austin College of Business Administration: from B.J. (Red) McCombs, $50-million, to be paid over eight years; cash; 2000*
Yale University: from Paul Mellon, $50-million; artworks and historical documents; 1992
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Note: Value of gifts is based on information from institutions or donors at the time the gifts were promised. In cases of stock, property, art, and other non-cash donations, actual value may have increased or dropped since gift was pledged or received.
* Full amount of gift not yet received.
1. Institution would not provide details on status of gift.
2. The Christian Broadcasting Network and Regent are separate legal entities, but CBN's directors select the university trustees, and CBN provides financial and other support to Regent.
SOURCE: Chronicle reporting
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