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Recent Private Gifts to Higher Education (March 2018)

By  Chronicle Staff
March 18, 2018

Among the donors whose gifts were announced in the first few months of 2018 were the technology entrepreneurs Jeff Bezos and Mark Zuckerberg. Bezos provided scholarship money for immigrants who arrived in the country as children.

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Among the donors whose gifts were announced in the first few months of 2018 were the technology entrepreneurs Jeff Bezos and Mark Zuckerberg. Bezos provided scholarship money for immigrants who arrived in the country as children.

RankInstitution/organizationDonorDonor backgroundGift valuePurpose
1. United World College system Shelby Davis founder and former chief executive, now retired, of the investment-management firm Davis Advisors, in Boston $100 million (pledge) support to endow 100 annual scholarships a year for 20 years to enable international students to attend one of the system’s 17 campuses around the world, including in New Mexico
2. Brown U., Warren Alpert Medical School Samuel M. and Ann S. Mencoff Samuel Mencoff is co-founder and co-chief executive of the private-equity firm Madison Dearborn Partners, in Chicago. A 1978 Brown alumnus, he also serves as chancellor of the Corporation of Brown University. $50 million support for endowed professorships, medical research, and medical education at the Brown Institute of Translational Science
3. TheDream.US Jeff and MacKenzie Bezos Jeff Bezos is founder and chief executive of Amazon.com, and owner of The Washington Post. MacKenzie Bezos is a novelist. $33 million scholarships that will allow immigrant students with Deferred Action for Childhood Arrivals status, also known as Dreamers, to attend the organization’s partner institutions
4. Harvard U. and Massachusetts Institute of Technology Mark Zuckerberg and Priscilla Chan Mark Zuckerberg is co-founder and chief executive of Facebook. $30 million support for Reach Every Reader, a five-year effort to improve children’s literacy skills that is led by faculty at Harvard Graduate School of Education and MIT’s Integrated Learning Initiative
4. Horatio Alger Association of Distinguished Americans T. Denny Sanford chairman of United National Corporation, the holding company of First Premier Bank and Premier Bankcard, in South Dakota $30 million scholarships for up to 3,000 students per year who have overcome personal challenges to attend one of 12 institutions selected by Mr. Sanford
4. U. of California at Los Angeles, Hammer Museum Stewart and Lynda Resnick founders and owners of the Wonderful Company, which produces several food and beverage brands $30 million support for the museum’s capital campaign; the museum’s main building will be named the Lynda and Stewart Resnick Cultural Center
4. U. of California at San Diego Richard N. Krupp Richard Krupp ran a property-management business until his death in 2015 at the age of 85. $30 million (bequest) creation of the Krupp Endowed Fund to support research on the use of a healthy diet and natural medicine to prevent and treat health problems
8. Bryn Mawr College Anonymous female donor n/a $25 million support for international programs, renovation of the college’s Park Science Center, and other efforts
8. Harvard Divinity School James and Susan Shallcross Swartz James Swartz, a 1964 Harvard alumnus, co-founded the venture capital firms Accel and Adler & Company. Susan Shallcross Swartz is an American impressionist painter. $25 million renovation of Andover Hall, the school’s main building
8. Manhattan College Thomas O’Malley retired chairman of PBF Energy, an oil-refinery operator, in New Jersey $25 million support for student scholarships and grants, for teaching and research, and for diverse learning opportunities within the School of Business, which has been renamed for O’Malley
8. U. of Texas Health Science Center at San Antonio Mays Family Foundation (Lowry and Peggy Mays) Lowry Mays is founder and former chairman of Clear Channel Communications, in San Antonio. $25 million support for the university’s cancer center, which will be named in the couple’s honor
12. Syracuse U. Daniel and Gayle D’Aniello Daniel D’Aniello is chairman emeritus and co-founder of the private-equity firm the Carlyle Group, in Washington. $20 million support for construction of the National Veterans Resource Center
12. U. of California at Los Angeles, Hammer Museum Marcy Carsey partner at the television-production company Carsey-Werner and chair of the museum’s board $20 million support for the museum’s capital campaign to expand gallery space and to support exhibitions and programming
14. Carnegie Mellon U. Keith Block and his wife, Suzanne Kelley Keith Block is vice chairman, president, and chief operating officer of the software company Salesforce. He is on the university’s Board of Trustees and earned both his master’s and bachelor’s degrees there in 1984. $15 million establishment of the Block Center for Technology and Society, which will develop policy recommendations to promote wider access to beneficial technologies
14. Dartmouth College, Tuck School of Business Paul and Wendy Raether Paul Raether, a 1973 business-school alumnus, is a former head of the Portfolio Management Committee at the investment firm KKR, and is a member of other committees at the firm. $15 million support for scholarships
14. Rutgers U. Gary and Barbara Rodkin Gary Rodkin, a 1974 Rutgers alumnus, is a former chief executive of ConAgra Foods, in Omaha, now retired, and vice chair of the Rutgers Board of Overseers. $15 million support for construction of the Gary and Barbara Rodkin Center for Academic Success, which will also house a training center for lacrosse and soccer players
14. Saint Louis U. Richard and Jill Chaifetz Richard Chaifetz is founder, chairman, and chief executive of ComPsych, in Chicago, which provides employee-assistance programs to companies. He is also founder and chairman of the venture-capital firm Chaifetz Group and a member of the university’s Board of Trustees. $15 million support intended to raise the stature of the business school; the school and its Center for Entrepreneurship will be named for the donors

Note: Gifts and biographical information were compiled from news articles, news releases, and The Chronicle of Philanthropy’s database of charitable gifts. The database compiles gifts of $1 million or more from 2005 to the present.The Chronicle of Higher Education maintains a separate list of major gifts of $50 million or more to colleges and universities, dating back to 1967. The value of gifts is based on information from institutions or donors at the time the gifts were promised or received. In cases of stock, property, art, and other noncash donations, actual value may have increased or decreased since the gifts were pledged or received. Grants are excluded. Gifts of the same amount are listed alphabetically by institution. Information on gifts can be sent to gifts@philanthropy.com. Questions or comments on the Chronicle List should be sent to Ruth Hammond.

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A version of this article appeared in the March 23, 2018, issue.
We welcome your thoughts and questions about this article. Please email the editors or submit a letter for publication.
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