Wealthy donors have contributed billions to America’s colleges and universities for years. The Chronicle for Higher Education, which I’ve often quoted in my companion website TrainingMagazine.com, published the following article citing a history of major contributions over the last few decades, going back to 1967:
Major Private Gifts to Higher Education
Some examples:
- Michael Bloomberg to Johns Hopkins, several gifts totaling over $1 billion
- Bill and Melinda Gates to University of Cambridge, over $200 million
- Larry Ellison to University of Southern California (USC), over $200 million
The list is lengthy and the donors are interesting – it’s worth checking out.