The transformational gift to Albert Einstein College of Medicine from a former professor and widow of a Wall Street financier is the largest made to any medical school in the U.S., the college says.
Topics: Philanthropy
Spelman College receives historic $100M donation
The gift to the women’s college is the largest single donation to an HBCU and includes $75 million to endow scholarships.
$100M unrestricted donation seeks to boost HBCU endowments
The Lilly Endowment has donated $100 million to the United Negro College Fund (UNCF)—the largest unrestricted donation in the nonprofit’s 80-year history. The gift will support the long-term financial stability of 37 Historically Black Colleges and Universities.
Stony Brook University receives $500M—largest unrestricted endowment gift to a college in U.S. history
The transformative gift from the Simons Foundation will fund student scholarships, endowed professorships, and clinical care at the university—a flagship school in the State University of New York system, widely known as an engine of social mobility.
What will growth in unrestricted gifts, endowment returns mean for student support?
Two new reports offer a snapshot of charitable giving and endowment performance at U.S. colleges and universities during fiscal year 2021, showing growth and sparking discussion about the implications for college access.
Building an endowment to support disability initiatives at Georgetown
A donation from Georgetown alumna Tiffany Yu has laid the groundwork for a new endowment to support disability-related initiatives on campus.
Scott’s latest gifts buoy colleges educating chronically underserved communities
Author and philanthropist MacKenzie Scott this month announced another $2.7 billion in gifts to historically underfunded organizations, including at least 31 colleges and universities.
$100M investment in Georgetown’s McCourt School advances inclusive vision
The commitment from alumnus and civic entrepreneur Frank H. McCourt Jr. (C’75) includes $50 million for financial aid and scholarships, catalyzing Georgetown’s ambition to build the nation’s most inclusive school of public policy.
Philanthropy spotlight: How Ruth Simmons is driving a ‘renaissance’ at Texas HBCU
Even before the recent influx of philanthropic gifts to historically Black colleges and universities, Prairie View A&M President Ruth Simmons was raising unprecedented and much-needed funds for the Texas-based HBCU.
Philanthropy spotlight: Record $5M gift creates scholarship fund at University of Baltimore
Real-estate developer Samuel G. Rose has given the University of Baltimore $5 million for scholarships to support students transferring from other institutions—the largest-ever single-donor cash gift to the institution’s endowment.
Former Morgan State University student gives $20M for scholarships
Financial struggles forced Calvin E. Tyler Jr. to drop out of Morgan State University in 1963. Almost six decades later, he and his wife are giving the historically Black university $20 million for scholarships to ensure that low-income students can complete their education.
Colleges describe ‘transformational’ impact of unrestricted gifts from MacKenzie Scott
Several months after receiving multimillion dollar gifts from philanthropist and author MacKenzie Scott, under-resourced colleges and universities say the funds will enable them to bolster financial aid and realize other strategic goals.