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Recent Private Gifts to Higher Education: Support for New Buildings at 2 Universities in Colorado

By  Chronicle Staff
September 23, 2018

Two universities in Colorado received gifts this past summer that were together worth $200 million and that will support health sciences, and computer science and engineering. The largest single recent private gift is devoted to the renewal of Yale Peabody Museum of Natural History, founded in 1866. Of the eight $10-million gifts listed below, two were devoted to athletics.

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Two universities in Colorado received gifts this past summer that were together worth $200 million and that will support health sciences, and computer science and engineering. The largest single recent private gift is devoted to the renewal of Yale Peabody Museum of Natural History, founded in 1866. Of the eight $10-million gifts listed below, two were devoted to athletics.

RankInstitutionsDonorDonor backgroundValuePurpose
1. Yale Peabody Museum of Natural History Edward P. Bass chairman of Fine Line, an investment and venture-capital management firm, in Fort Worth; an heir to an oil fortune; and a 1967 Yale alumnus $160 million support for renovations and expansion of the museum
2. U. of Colorado, Anschutz Medical Campus Anschutz Foundation (Philip Anschutz) Philip Anschutz is owner of the Los Angeles Kings hockey team and a third of the L.A. Lakers basketball team as well as holdings in entertainment, oil, railroads, real estate, and telecommunications. He is a co-founder of Major League Soccer. $120 million support for a new health-sciences building, research, faculty recruitment and retention, technology transfer, and other programs
3. Western State Colorado U. Paul M. Rady chief executive and chairman of Antero Resources, an oil and natural-gas company in Denver, and Antero Midstream Partners, and a 1978 graduate of Western $80 million support for establishment of the new Paul M. Rady School of Computer Science and Engineering, including a new building
4. Amherst College anonymous n/a $50 million gift to a comprehensive campaign intended to support the college’s new interdisciplinary science center, hiring of more faculty members, and need-based scholarships
4. Saint Louis U. Jeanne and Rex Sinquefield Rex Sinquefield, a Saint Louis alumnus and member of the Board of Trustees, is a co-founder and retired executive vice president of the investment firm Dimensional Fund Advisors. Jeanne Sinquefield is a retired executive vice president of the firm. $50 million support for the establishment of the Saint Louis University Research Institute and the Sinquefield Center for Applied Economic Research, and for the university’s chess team
4. U. of California at San Diego Andrew J. Viterbi co-founder and retired vice chairman of Qualcomm and an engineering professor emeritus at the university $50 million naming gift for the Viterbi Family Department of Ophthalmology and the Viterbi Family Vision Research Center; endowment of six new professorships
7. Michigan State U. Edward Minskoff founder of the real-estate development firm Edward J. Minskoff Equities and a 1962 university alumnus $30 million support for completion of the Business Pavilion, a learning and career-development center, at the Eli Broad College of Business
8. U. of Alabama at Tuscaloosa, Culverhouse College of Commerce Marillyn A. and James Hewson Marillyn Hewson is chairman, president, and chief executive of Lockheed Martin, the aerospace, defense, and security-technology company. The couple both graduated from the university. $15 million (value of stock) support for the Culverhouse College of Commerce
9. College of William & Mary Jane Batten widow of Frank Batten, founder of Landmark Communications, which owned the Weather Channel and Weather.com; he died in 2009 $10 million creation of a center for online learning in the Raymond A. Mason School of Business
9. Georgetown U. Law Center Bruce and Ann Blume Bruce Blume, who earned a law degree from the law school in 1980, founded Blume Company Real Estate, in Seattle. $10 million support to establish the Blume Public Leadership Institute, which will give students with promise to become public leaders full-tuition scholarships and training specific to the public role
9. Indiana U. Health Shelly Schwarz widow of Joe Schwarz, a real-estate entrepreneur who died in March after battling cancer $10 million (pledge) support to establish the Joe and Shelly Schwarz Cancer Center at the university’s Health North Hospital
9. Purdue U. at West Lafayette L. Dick Buell former chief executive of Catalina Marketing Corporation; an executive adviser at Silver Pine Partners, a private-equity firm in Illinois; and a 1972 graduate of the university $10 million (pledge) endowment for the men’s basketball head-coaching position
9. St. Lawrence U. Thomas Dolan and the Dolan Family Foundation a director at AMC Networks and 1974 university graduate whose father, Charles, founded the telecommunications company Cablevision, which Altice acquired in 2016 for $17 billion $10 million support for renovation of the university’s sports arena
9. Stanford U. School of Medicine Blavatnik Family Foundation (Len Blavatnik) Len Blavatnik is founder and chairman of Access Industries, an investment company with holdings in media and telecommunications, natural resources, chemicals, and real estate. $10 million (pledge) fund for Ph.D. fellowships for graduate-level research in the biomedical sciences
9. U. of Michigan at Ann Arbor Ronald N. and Eileen Lappin Weiser Ronald Weiser, who served as U.S. ambassador to Slovakia from 2001 to 2004 and is a member of the university’s Board of Regents, founded McKinley, a real-estate investment company, in Ann Arbor. $10 million creation of the Weiser Diplomacy Center, which will bring diplomats and foreign-policy experts to campus; it will be housed in the Gerald R. Ford School of Public Policy
9. U. of Notre Dame Rick and Molly Klau Rick Klau is chairman of the Hajoca Corporation, a wholesale distributor of plumbing, heating, and industrial supplies. $10 million support and endowment for the Center for Civil and Human Rights, which will be renamed 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 September 28, 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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